The modern norm is that economic growth causes measured income inequality to increase. But to have greater income equality and greater economic growth. It simply requires more free market policies and less government interventionism.
In their war on "monopolies," Progressives like Elizabeth Warren show they don't understand the history of anti-monopoly legislation, and they also don't understand that modern day "monopolies" aren't really monopolies at all.
No economy is made better off by destroying existing resources. But that's what "cash for clunkers" tried to do, while only driving up the price of transportation for middle and lower-middle class families.
In his book A Generation of Sociopaths, Bruce Gibney blames Baby Boomers for pretty much everything that's gone wrong in America. But there are other factors, such as democracy, that are perhaps more to blame.