Imagine a major news network anchor, in 1985, telling President Reagan that five years into his presidency rising income inequality wasn’t his fault. Ludicrous, given how the media used the term Reaganomics to denigrate his policies, policies far more successful than President Obama’s in turning around an inherited poor economy.
Yet in a sit-down with Barack Obama for ABC’s This Week, George Stephanopoulos compliantly excused Obama’s failure:“Do you look at that four and a half years in and say, maybe a President can’t stop this accelerating inequality?”