Wednesday, November 2, 2011

Income Inequality

My gosh, have we all heard about this issue or what? In this piece, the author clearly expresses a sound perspective on the confusion out there regarding the middle class and whether or not we are getting richer or poorer.

A salient paragraph: "You will notice that the Occupy Wall Street crowds -- and the progressives who support them -- focus on bringing the wealthy down to earth rather than lifting the 99 percent. They have a nearly religious belief that too much wealth is fundamentally immoral and unhealthy for society. The economic systems they cheer on would coerce downward mobility for the sake of equality but ignore prosperity for the people they claim to represent."

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