Income inequality Archives - Granite Grok

Income inequality

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

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 …

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Disqus Doodlings – no, capitalism requires cooperation – LOTS of it. Part 2 of ??

Yeah, this Treehugger post on Einstein hating capitalism is gonna be a gold mine for blogging fodder.  Even as I write this, the neo-socialist-enviros are pushing back on the Freedom to transact voluntarily (e.g. Capitalism).  Another pick at the pot by Brian who, along with most there, hates the idea of the fruits of Capitalism: …

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Data Point: How to “correct” the Income Inequality between the US and the rest of the world?

After all, when you consider the basis point of not just “99% vs the 1%” in the US (as the Marxist / SJWs complain, who want to use Government to “equalize” everyone and thing) but instead, judge the world against the US, we ARE the 1% of the world and the rest of the world …

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pile-of-money

Data Point – Income Inequality?

..I mean, are Americans really no better off than they were during the late 1970s? I hear that stated quite frequently. But this chart of real income growth tells a different story. Please note that all the lines have been headed higher. Also note the 79 percent gain for the bottom 20 percent in post-transfer/tax …

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GrokTALK! – Greg Moore: Was Income Inequality Messaging a Loser?

Is the left’s sales pitch on income inequality a loser when it comes to elections?  In part I AFP-NH state director Greg Moore joins us to examine the recent British elections, including the symmetry of their income inequality messaging and Democrat losses in 2014 and the Labor parties losses last week.  

So, has the Trillions Spent on the War on Poverty worked?

From economist Dan Mitchell, a chart showing the poverty rate since 1950.  It shows that before Federal Government insertion of itself radically into Society, Society was solving the poverty problem on its own.  Since then, the percentage in poverty has not really changed much.  You can also see (as Dan points out) that during the …

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Data Point – Once again, “who pays the taxes”? Where’s the Press on this?

From the Wall Street Journal: “This all-too-conveniently confuses the incidence of a tax with the burden of a tax. The marginal tax rate on every additional dollar of capital gains and dividend income from corporate profits can reach as high as 44.75% at the federal level (assuming a company pays the 35% top corporate rate), …

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