This from Willis Eschenbach:

You know the claim that income inequality has been getting worse, and that the rich are getting richer while the poor are getting poorer?

Turns out to be more of that famous modern item, fake news. When you add in the gains from government programs of all kinds, and the losses from takes, the GINI coefficient that measures income inequality has been basically unchanged for the last fifty years.

And another Democrat talking point goes aground on a reef of hard facts ...

Posted by: Timothy Birdnow at 10:36 AM | Comments (1) | Add Comment
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