For those that wail against “income inequality”, I point out:
- For hundreds (really, thousands) of years, there was little inequality – everyone was poor. Is that what you want again?
- The high achiever nations were those that went to more free-market economies. Is not having wealth a goodness?
- The continued WORST achieving nations were socialist / command-and-control ones. Isn’t their inequality a result of a “bad decision” structurally – and you would return us to that?
(H/T: Washington Post)