Eighty-three years ago, President Franklin D. Roosevelt had a new plan for tackling income inequality. FDR argued companies were intensifying the gap between rich and poor not by showering investors with too much wealth—but rather by paying them too little. “The evil has been a growing one,” FDR said in a speech on March 3, 1936.

Source: Wall Street Journal February 08, 2019 16:42 UTC