Still the Best Argument Against the “Income Inequality” Canard …

by
Ed Mosca

By any objective standard, President Trump has turned the economy around. The major stock market indices are at record highs. Employment is at record highs. Unemployment is at record lows. Wages are rising.

So all the Democrats have to argue is “income inequality.” The canard that you really are not better off because the other guy is more better off. Here is epic Margaret Thatcher shooting that canard down:

Moreover, under Trump the lowest pay workers have seen the biggest gains. From CNBC in March:

What has set this rise apart is that it’s the first time during an economic recovery that began in mid-2009 that the bottom half of earners are benefiting more than the top half — in fact, about twice as much, according to calculations by Goldman Sachs. The trend began in 2018 and has continued into this year, and could be signaling a stronger economy than many experts think.

“So long as the gap is smaller, they’d rather have the poor poorer” …

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