The Income Inequality Lie
The cries for income equality by Obama and his peeps are making the rounds on all of the lame stream media networks. Obama is screeching about this issue because they need a shiny new object to distract from Obamacare and the upcoming 2014 elections and at the same time placing blame for the troubles of the poor/middle class/students.
Democrats have turned this into an art form, they very are good at it, and the uninformed suck it up like a sponge. They perceive this as another injustice done to them by the evil Republicans and bingo, the democrats get the votes, even though the uninformed voter is in reality, making his plight worse.
2004 essay by Paul Graham, it is long but worth the read.
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Like chess or painting or writing novels, making money is a very specialized skill. But for some reason we treat this skill differently. No one complains when a few people surpass all the rest at playing chess or writing novels, but when a few people make more money than the rest, we get editorials saying this is wrong.
Why? The pattern of variation seems no different than for any other skill. What causes people to react so strongly when the skill is making money?
I think there are three reasons we treat making money as different: the misleading model of wealth we learn as children; the disreputable way in which, till recently, most fortunes were accumulated; and the worry that great variations in income are somehow bad for society. As far as I can tell, the first is mistaken, the second outdated, and the third empirically false. Could it be that, in a modern democracy, variation in income is actually a sign of health?
Nature smiles at the union of freedom and equality in our utopias. For freedom and equality are sworn and everlasting enemies, and when one prevails the other dies. Leave men free, and their natural inequalities will multiply almost geometrically, as in England and America in the nineteenth century under laissez-faire. To check the growth of inequality, liberty must be sacrificed, as in Russia after 1917. Even when repressed, inequality grows; only the man who is below the average in economic ability desires equality; those who are conscious of superior ability desire freedom; and in the end superior ability has its way.
3 thoughts on “The Income Inequality Lie”
Powerful message and will register on the American Conservatives.
Unfortunately, the Progressive gestapo will scoff at it and continue their bully push toward the faux equality bullshit…..
Right Harvey Weinstein, Warren Buffett, Sean Penn, Bill & Hillary Clinton and Gorgeous George ( the multi-millionaire made by his rotten excuse for acting) Clooney?
Toejam – Each and every one of them are filthy rich, and hypocritically so, this is their compassion for the little man. As long as it does not effect them. You want to show me real compassion, give it all away in the name of income equality. Show me the money bitches.
Absolutely agree with yo jeffi.
But they ain’t gonna do it.