One that is descriptive but carries a generally pejorative implication. I suggest we call them “the Morbidly Rich.” Seriously. Their great wealth is neither healthy for them, nor for our ...

When Ronald Reagan became president in 1981, he started dismantling the rules that had kept the morbidly rich economic predators and their companies in check. He turned loose the foxes on the rabbits.

This happened because new rules and institutions — including labor unions, Wall Street regulations, anti-monopoly laws, and higher progressive income taxes — kept economic “predators” (morbidly rich ...