The rich-poor gap is getting worse under Trump.

Don’t worry, they’ll be fine.
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Middle-class families are doing a little bit better under President Trump. Jobs are plentiful in many places and incomes are finally starting to rise by more than inflation.

But income inequality in the United States is getting worse, and Trump’s policies have something to do with it, according to new research from Moody’s Investors Service, the bond-rating agency. While middle-income earners got a modest tax cut from last year’s Tax Cuts and Jobs Act, higher earners got a much larger windfall. And that comes as other forces have been widening the gap between the rich and the rest.

The result could be even more political upheaval than we’ve seen during the Trump reign, beginning, perhaps, with the midterm elections next month. “Should inequality go unaddressed,” the Moody’s report asserts, “social tensions will continue to rise, leading to a more fractious political landscape that increases political risk, and with it a less predictable policy environment.”

By Rick Newman.

Full story at Yahoo News.