Meet You At The Bottom

Economic inequality may be alleviated by a slump :

Recessions are bad for everyone, but they're worse for the wealthy, at least in some sense.  The wealthy have more assets to lose, and their income is more dependent on volatile sources like bonuses and stock options.  In terms of reducing inequality, the 1929 stock market crash and World War II did more to reduce inequality than changes in policy or the tax code, at least if Piketty and Saez are to be believed.  Similarly, the late widening of inequality pretty clearly started with the beginning of the Great Bull Market in 1982.

Of course, losing 2/3 of a fortune is not the same thing as losing your $40,000 a year job; in the most meaningful sense, recessions are still worst for the working stiffs and the poor.