See, I'm not calling it the Neo-Gilded Age for nothing. Former Labor Secretary Robert Reich said so just as recently as yesterday on CSPAN. I recommend watching the whole 40 minute conversation here, as it's worth the time. Mr. Reich and Paul Krugman are two voices who sadly aren't getting the attention they deserve.
I really do recommend listening or viewing the whole clip, but for your convenience, I have clipped out the part that really got my attention: