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The last time the rich were this rich and the middle class were this indebted was during the darkest days of the Republican Great Depression in the spring of 1933.
Source: https://www.rawstory.com/donald-trump-jack-smith-2661418718/
The Ronald Reagan of his era, Harding’s policies — continued by Coolidge and Hoover from 1921 to 1933 — led straight to the Republican Great Depression.