Thursday, December 19, 2013

The Poverty of Income Inequality

December 18, 2013 by Daniel Greenfield
The left lives from social crisis to social crisis. Now it is leaping nimbly away from its last mess, the great crisis of the uninsured (who have decided to stay uninsured despite Obamacare’s fines) over to the great crisis of income inequality.
If you believe the left, the leading economic problem that Americans face today is not a lack of jobs or the cost of living, but a crisis of CEO salaries.
The crisis of income inequality, in which some people make a lot more money than everyone else, is irrelevant in an economy where the problem is not that incomes aren’t high enough, but that they don’t buy enough, and that there still aren’t enough jobs at minimum wage or any other wage…..To Read More…..

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