Treatise on Inequality in the United States · 1977–2026

The Policy Ledger

Every policy or initiative across 13 presidential terms that was found to carry meaningful weight on inequality — who it favored, and how much. Click any column heading to sort; click a row to read the full rationale.

How to read the numbers

Every score in this treatise runs on one scale: negative numbers tilt toward the Common Man, positive numbers tilt toward the Wealthy. The same convention applies everywhere — individual metrics, term net scores, and the numbers in this ledger.

The Direction and Impact columns describe a single policy. The small dashed term score badge under each administration's name is a different thing: it's that entire four-year term's combined score across all six of the treatise's metrics, repeated for every policy from that term for reference — it is not a score for the specific policy in that row. It's placed with the administration's name, not with Direction or Impact, for exactly that reason.

Mixed means a policy's effects cut in different directions for different groups (for example: lower prices for consumers, but wage pressure on a specific group of workers). It does not mean the policy was equally beneficial to everyone — a policy that genuinely helps both the wealthy and the common man with no real trade-off is rare, and is called out explicitly in the underlying document when it occurs.

Read this before the counts below

The four numbers in the strip beneath this box count individual policy actions — they are not a measure of what actually happened to inequality. Counting more common-man-favoring policies does not mean the common man came out ahead over these 49 years; it means more individual actions of that kind were taken. A small number of large, structural actions (tax cuts, financial deregulation, crisis bailouts) can outweigh many smaller protective ones.

DirectionPolicy actions (count)Impact-weighted total
Wealthy3274.0
Common Man61124.5
Mixed4277.5

† Sum of each policy's Impact rating (Low=1, Low–Moderate=1.5, Moderate=2, Moderate–High=2.5, High=3). Even weighted this way, the policy tally nominally favors the Common Man — there are simply more protective and expansionary actions in the record than large wealth-concentrating ones.

The actual outcome measure runs the other way. The term-level scores in this treatise (built from real median income, income and wealth shares, labor share, homeownership, and mobility data — not from counting policies) show that 7 of the 13 terms (54%) scored net favorable to the wealthy, versus 4 of 13 (31%) net favorable to the common man (2 were exactly neutral). Weighted by magnitude, 76% of the net directional movement across all 13 terms favored the wealthy, versus 24% favoring the common man. That is the more accurate answer to how inequality actually moved over these 49 years — see the Term Index and Summary for the term-by-term record this is based on.

135
Policy actions logged
13
Terms covered
32
Actions skewed wealthy
61
Actions skewed common man
WEALTHY COMMON MAN MIXED
HIGH MOD–HIGH MODERATE LOW–MOD LOW
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Row order: CHRONOLOGICAL BY TERM'S OVERALL SCORE
# Administration & Term Policy / Initiative Direction Impact