BRET STEPHENS: Obama’s Envy Problem: Inequality is a problem when the rich get richer at the expense of the poor. That’s not happening in America. Well, Obama’s working to change that.

Plus this: “Class-consciousness has always been a fact of American life, but rarely is it about how the poor, or even the middle class, feel toward the very rich. It has been about how the professional class—-lawyers, journalists, administrators, academics—-feel toward the financial class. It’s what Volvo America thinks about S-class America.”