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Tuesday
Sep302014

Inequality Bed-Wetters

"(T)he Left does not generally make that straightforward argument for seizing property. Rather, they treat “inequality” as though it were an active roaming malice on the economic landscape, and argue that incomes are stagnant at the lower end of the range because too great a “share of national income” — and there’s a whole Burkina Faso’s worth of illiteracy in that phrase — went to earners at the top. It simply is not the case that if Lloyd Blankfein makes a hundred grand less next year, then there’s $100,000 sitting on shelf somewhere waiting to become part of some unemployed guy in Toledo’s “share of the national income.” Income isn’t a bag of jellybeans that gets passed around." http://www.nationalreview.com/article/389125/gelded-age-kevin-d-williamson

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