>And my grandfather walked picket lines and got shot at. Robber barons were at the peak of their power. Children were exploited as laborers.

Which has been true since the beginning of time. Children worked hard labor on farms instead of factories, and there was more rural poverty instead of city poverty. On average things were improving.

But that's not even the point. Parent comment is talking about the health of the economy and the federal reserve. You are talking about the distribution of wealth. We could implement something like a basic income to redistribute wealth, without getting rid of free markets and capitalism.

The goal of economic policy should be to generate the most total wealth. Then we can decide what to do with that wealth.