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Keyword: incomeinequality

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  • There's No Other Way to Say It: Minimum Wage Laws Are Racist

    06/18/2016 12:18:17 PM PDT · by Kaslin · 18 replies
    PJ Media ^ | June 18, 2016 | John Ellis
    Following the lead of a several trodden upon, yet Democrat-controlled municipalities, Washington D.C. recently approved a bill raising the minimum wage to fifteen dollars an hour by 2025. This move has been hailed by leftists as a triumph for equality and the little guys. Except minimum wage laws were first proposed by racists to keep minorities down, and current minimum wage laws further disenfranchise those in our society who are already disenfranchised.To help understand, a brief history lesson is in order. At the risk of wandering off topic, this brief history lesson will also serve to demonstrate why many leftists...
  • Income Inequality

    06/10/2016 7:03:13 AM PDT · by george76 · 24 replies
    Elle's Economy ^ | June 2016
    The phrase Income Inequality has become a standard battle cry for politicians these days, with the implicit assumption that inequality is a bad thing, but is the basic concept of inequality truly a bad thing? ... We hear a lot of lip service from various politicians about the ills of income inequality, so let’s look at actual recent track records. The U.S. Census Bureau uses four measures of income inequality, Gini, Theil, Mean Logarithmic Deviation of Income (MLD) and Atkinson Measure. ◾Since the financial crisis, income inequality (as measured by the US Census Bureau using 3 different types of metrics)...
  • (Clothes horse) Hillary Clinton wore a $12,495 Armani jacket during a speech about inequality

    06/07/2016 9:28:14 AM PDT · by Zakeet · 127 replies
    CNBC ^ | June 6, 2016 | Sarah Whitten
    Hillary Clinton took a lot of flak on Monday after a report surfaced that the presidential candidate wore a Giorgio Armani jacket worth more than $12,000 during a speech in April about inequality. Clinton, who was well-known for her vast pantsuit collection, has upgraded her wardrobe during her most recent bid for president to appear more relatable, according to the New York Post. Social media users don't seem to be buying it, however.
  • A Florida man will be the first in the US to get paid $1,250 per month for doing absolutely nothing

    06/06/2016 12:14:45 PM PDT · by PROCON · 75 replies ^ | June 6, 2016 | Chris Weller
    For the next 12 months, a man from Sarasota, Florida will receive $1,250 a month for doing absolutely nothing, and the people footing the bill couldn't be happier about it. The recipient, a man named Edwin who declined to speak to the press, won the $15,000 in a raffle held in San Francisco on May 31. The giveaway was organized by the nonprofit advocacy group My Basic Income, which wants to set up a slew of lotteries to see how basic income might work around the world.
  • On 'Inequality'

    06/02/2016 5:51:01 AM PDT · by Kaslin · 17 replies ^ | June 1, 2016 | Larry Elder
    Is there a more brain-dead concept than to empower the government to fight "income inequality"? What sane, normal, rational human being thinks that human talent, drive, interests and opportunity can -- or should -- result in equal outcomes? Despite my love of athletics, I knew in third grade that my friend, Keith, could run much faster than I could. For two years I played Little League ball, and I got better at it. But no matter how hard I tried or how many hours I spent, I could not hit, run or throw as well as my friend Benji. Later...
  • At the Vatican, Sanders blasts 'immoral' wealth inequality

    04/15/2016 10:32:02 PM PDT · by Olog-hai · 34 replies
    Associated Press ^ | Apr. 16, 2016 12:47 AM EDT | Ken Thomas and Nicole Winfield
    Bernie Sanders issued a global call to action at the Vatican on Friday to address immoral and unsustainable wealth inequality and poverty, using the high-profile gathering to echo one of the central platforms of his presidential campaign. The Democratic senator from Vermont cited Pope Francis and St. John Paul II repeatedly during his speech to the Vatican conference commemorating the 25th anniversary of a landmark teaching document from John Paul on social and economic justice after the Cold War. [] We dont choose to politicize the pope, Sanders told attendees, but his spirit and courage and the fact, if I...
  • Income Inequality Doesnt Matter, Study Finds Heres What Does

    03/25/2016 4:22:54 AM PDT · by IBD editorial writer · 63 replies
    Investor's Business Daily ^ | 3/25/2016 | John Merline
    For Democrats, few issues rank as high as income inequality. Reducing it is a priority of both Hillary Clinton and Bernie Sanders. But a new study finds that we are measuring inequality all wrong, and that as a result, imposing still more wealth-transfer laws probably wont do anything to help.

    02/11/2016 8:41:53 AM PST · by Beave Meister · 4 replies
    Front Page Mag ^ | 2/10/2016 | Bruce Thornton
    An ideological construct that exploits envy and resentment for political advantage. Throughout this primary season, Hillary Clinton and self-proclaimed socialist Bernie Sanders have both been flogging the “crisis” of “income inequality,” which is “at the center of their campaigns,” according to CNN. Both have scourged the “greed” of the “1%,” called for higher taxes on the “rich,” and promised to expand and multiply government programs to rectify this injustice. Yet like other slogans progressives rely on, the idea of “income inequality” is an ideological construct, a statistical artifact that exploits envy and resentment for political advantage. The first problem with...
  • The Downton Election

    01/11/2016 9:14:09 AM PST · by Kaslin · 13 replies ^ | January 11, 2016 | Rich Galen
    Every interwar novel set in the UK is focused, at least in part, in the changing of the relationship between the classes. As we spend our Sunday nights glued to the final season of Downton Abbey on PBS, it appears the class system, in 1925, is breaking down far more quickly than those who have been at the top of the food chain can absorb. That may have something to do with what we are witnessing in the surprising - astonishing - success of both Donald Trump (R-sort-of) and Bernie Sanders (D-sort-of) in this election cycle. The shared fiction of...
  • 2015

    12/30/2015 4:35:09 AM PST · by Kaslin · 1 replies ^ | December 30, 2015 | John Stossel
    Terrorism! Crime! Deadly storms! Hillary Clinton! We reporters focus on bad news, but at year's end, let's remember what went right. 2015 was a better time to be alive than most any prior point in history. The rich got richer. Some people think that's a problem, but why? Do rich people sit on their piles of money and cackle about how rich they are? Do they build giant houses that damage the environment? Well, they sometimes do. But mostly they invest, hoping to get richer still. Those investments create jobs and better products and make most everyone else richer....
  • Democrats Decry Income Inequality That Their Own Policies Make Worse

    11/13/2015 3:15:54 AM PST · by IBD editorial writer · 10 replies
    Investor's Business Daily ^ | 11/13/2015 | Staff
    Welfare State: Hillary Clinton, Bernie Sanders and leftists in general love to talk about income inequality. What they don't want to talk about is how their own tax-and-spend prescriptions are largely to blame.
  • "We Made It Wider!" Hank Paulson Bursts Out Laughing When Asked About Wealth Inequality

    09/07/2015 7:31:14 AM PDT · by Cheerio · 28 replies
    Zerohedge ^ | 09/06/2015 | Tyler Durden
    A few months ago, a hurt Ben Bernanke put on his blogger hat and set out to explain why, in his mind, the unconventional policies undertaken by the Fed in the post-crisis years have not contributed to record income inequality. As we noted at the time, epic hilarity ensued. Bernankes explanation went something like this: while QE does indeed inflate asset prices, poor people have been getting poorer for quite some time, so sure, maybe the Fed contributed a little bit, but probably not a whole lot and besides, the more Keynes the better when it comes to smoothing out...
  • Sharpton Astounded Rand Paul Thinks People Who Work Harder Earn More

    08/10/2015 5:51:15 PM PDT · by governsleastgovernsbest · 36 replies
    NewsBusters ^ | Mark Finkelstein
    In the liberal universe, there's no correlation between hard work or ingenuity and financial success. As President Obama recently put it, the rich are simply "society's lottery winners." Sounding a similar theme, Al Sharpton today declared it "astounding" that Rand Paul believes that income inequality is due to "some people working harder." Astounding, indeed! What's wrong with Rand? How could he possibly believe that someone someone who works, say, 60 hours per week might earn more than someone else who works 20? View the video here.
  • Heres why the new CEO pay rule could backfire on its advocates

    08/10/2015 3:33:32 AM PDT · by IBD editorial writer · 21 replies
    Investor's Business Daily ^ | 08/10/2015 | John Merline
    When the Securities and Exchange Commission released its CEO pay rule this week, many cheered it as a way to shame companies into moderating outlandish pay packages. The rule, which goes into effect in 2017, mandates that publicly-traded companies disclose the gap between what their top executives are paid and what their rank and file workers make. As the New York Times' Gretchen Morgenson put it, "because the rule will generate an easily graspable and often decidedly shocking number, it may energize a cadre of new combatants in the executive pay fight." It could have the opposite effect.
  • Rand Paul: Income Inequality Comes From 'Some People Working Harder' Than Others

    08/09/2015 6:51:18 PM PDT · by 2ndDivisionVet · 18 replies
    The Huffington Post's Politics ^ | August 9, 2015 | Dave Jamieson, Labor reporter
    "We all end up working for people who are more successful than us," the presidential hopeful said.Asked if his flat tax plan would further separate the haves from the have-nots, GOP presidential hopeful Sen. Rand Paul (Ky.) said Sunday that income inequality is the result of some Americans working harder than others, rather than economic policies. "The thing is, income inequality is due to some people working harder and selling more things," Paul told host Chris Wallace on "Fox News Sunday." "If people voluntarily buy more of your stuff, you'll have more money." Paul has proposed what he calls a...
  • Do CEOs Make 300 Times What Workers Get? Not Even Close

    05/19/2015 4:30:56 AM PDT · by IBD editorial writer · 26 replies
    Investor's Business Daily ^ | 05/18/2015 | John Merline
    It is stated so often that it's become an indisputable fact CEOs make about 300 times more than the average worker, and that ratio has been increasing for decades.
  • The chaos of a de Blasio presidency

    05/18/2015 2:05:08 AM PDT · by 2ndDivisionVet · 9 replies
    The New York Post ^ | May 17, 2015 | Andrea Peyser
    I see a future of sky-high taxes and very tall ceilings. Of a chicken in every pot and a pot plant in every planter. Fat cats would be incarcerated en masse for the criminal possession of money. And thugs who shoot, maim and steal would be reclassified as victims of wage inequality, in need of high-paying jobs, welfare benefits, affordable housing, therapy, hugs or deep-tissue massages. Cops would replace their badges and aggressive blue uniforms with soothing earth-tone windbreakers and espadrilles, and trade in their guns for thick-skinned yellow fruit. Bananas don’t kill people. People kill people. And with burger-flippers...
  • Obama Plays Class-warfare Card Calls Wealthy Societys Lottery Winners

    05/15/2015 3:14:47 AM PDT · by bob_denard · 57 replies
    The New American ^ | Thursday, 14 May 2015 | by Selwyn Duke
    Resurrecting his You didnt build that; somebody else made that happen theme, Barack Obama called for higher taxes on people whom he characterized as societys lottery winners. The comments were made Tuesday at a poverty summit at Georgetown University in Washington, D.C., where, alluding to his longstanding proposal to raise taxes on carried interest, Obama said, If we were able to close that loophole, I can now invest in early childhood education that will make a difference. Thatswhere the question of compassion and Im my brothers keeper comes into play. And if we cant ask from societys lottery winners to...
  • This policy has correlated with higher unemployment, more bankruptcies and greater inequality...

    05/12/2015 8:41:27 AM PDT · by fredericbastiat1 · 4 replies
    TheBlaze Books ^ | 2015-05-12 | Benjamin Weingarten
    "From 1947 when [the] Bretton Woods System really got operating to 1971, when the dollar was convertible into gold at a 35th of an ounce, unemployment in America averaged 4.7 percent. And then we got rid of the Bretton Woods system we defaulted on it we went to fiat money, and in the years from 1971 to today, unemployment has averaged significantly above 6 percent. Low unemployment: gold standard. High unemployment: fiat money. But its not just unemployment. The bankruptcy rate which Elizabeth Warren likes to focus on was one point something per thousand for years, and suddenly...
  • Populist opposites: On Bernie Sanders and Ted Cruz

    05/04/2015 11:36:29 AM PDT · by 2ndDivisionVet · 29 replies
    The Austin American Statesman ^ | May 4, 2015 | Jonathan Tilove
    Good morning Austin: Today’s question. Who is more populist – Bernie Sanders or Ted Cruz? Bernie, right?I mean his campaign is all about – all about – wealth and income inequality and breaking up the incredible concentration of American wealth in the hands of a tiny few. He’s so far left in the Democratic Party that he’s not even actually a member of the Democratic Party. At a time when Democrats are afraid of being called “liberal,” he’s proud to call himself a socialist. He’s running against the Koch Brothers and Cruz is a creature of the Kochs. So, no...
  • Income Inequality, are Dems serious?

    05/03/2015 8:51:00 AM PDT · by asinclair · 12 replies
    Income inequality -- most Democrat-proposed solutions don't give any incentive to the employee, at all levels, to work better and more productively in order to earn more money by their effort. I propose here extending the "bonus pool" to all employees, and show how government can help make that happen.
  • Gratitude (A Comedian Brilliantly Explains Why Hes Not Jealous Of Others Success In Fact, He Roo

    04/26/2015 9:21:42 PM PDT · by cob201 · 23 replies
    Evan Sayet via Youtube via Independent Journal Review ^ | Published on April 16, 2015 | Evan Sayet
    Evan Sayet recently gave his view that income inequality is irrelevant because other peoples success doesnt come at the expense of our own. In a humorous and memorable way, Sayet dissects why he wants everyone to be as successful as possible:
  • Outcome Inequality

    04/23/2015 1:51:25 PM PDT · by Kaslin · 34 replies ^ | April 23, 2015 | Derek Hunter
    Democrats think they have the issue of the 2016 election: income inequality. The theory is that so few Americans control so much of the wealth in the country that the rest of us, the “99 percent,” will rise up and demand “fairness.” It’s jealously, plain and simple. And its success, as much as there has been, is based on ignorance.Bill Gates is worth more than you or I ever will be. Actually, he’s worth more than you, me, and pretty much everyone we know ever will be. But he’s not rich because we’re poor. In fact, we’re not poor at...
  • Hillary Clinton is following the lead of America's wealthiest (Also Cruz, Paul & Rubio)

    04/04/2015 7:47:28 PM PDT · by 2ndDivisionVet · 6 replies
    Business Insider ^ | April 4, 2015 | Jamelle Bouie, Slate
    The wealthiest Americans dont care about inequality, and our presidential candidates are following their lead. Thats not to say they arent talking about inequality. They are, for anyone who will listen. As Noam Scheiber notes for the New York Times, Sens. Ted Cruz, Rand Paul, and Marco Rubio broached the issue in January, while Hillary Clinton discussed it at the Center for American Progress last week. But none of them have ideas for tackling the problem. Neither Cruz nor Paul nor Rubio was willing to say the government should intervene to solve it, while Clinton would rather retreat to platitudesWe...
  • New York Times Worried That Allowing Cubans to Have More Money Will Increase Income Inequality

    02/24/2015 12:08:56 PM PST · by SeekAndFind · 13 replies
    Reason ^ | 02/24/2015 | Matt Welch
    As if to unintentionally discredit the phrase "income inequality" as a meaningful indicator of human regress, The New York Times today has a remarkable article lamenting that "As Cuba Shifts Toward Capitalism, Inequality Grows More Visible." Here's a taste: As Cuba opens the door wider to private enterprise, the gap between the haves and have-nots and between whites and blacks that the revolution sought to diminish is growing more evident. []Raising the [U.S.] remittance cap, along with allowing more Americans to visit Cuba and other steps toward normal diplomatic relations, will help "support the Cuban people," the Obama...
  • Fairness and Justice

    02/11/2015 6:31:06 AM PST · by Kaslin · 12 replies ^ | February 11, 2015 | Walter E. Williams
    Oxfam reports that the richest one percent of people in the world own 48 percent of the world's wealth. Many claim that we should be alarmed by income inequality because it hampers upward mobility. Others argue that because income is distributed so unevenly, justice and fairness require income redistribution. Let's look at fairness and justice. What constitutes fairness and justice has been debated for centuries. Widespread agreement has proved to be elusive at best. However, I think that an important part of an intelligent discussion about fairness and justice is the recognition that knowing results of a process cannot establish...
  • The GOP: Still the Party of Stupid

    02/02/2015 7:34:12 PM PST · by 2ndDivisionVet · 30 replies
    The Daily Beast ^ | February 2, 2015 | Michael Tomasky
    That Scott Walker speech was great? It was shallow, tedious, and wrong. In other words, it struck the perfect chord for todays GOP voters.Mitt Romney definitely had his down sides as a candidate: the retread factor, and, as I noted two weeks ago, the fact that he made all those dramatic and (apparently) wrong predictions about the future of the economy. But I will say this for him. He did pass the this-guy-looks-and-sounds-like-a-plausible-president test. I always thought that was his greatest strength. Hes central casting. None of these remaining people looks much like a president, with the exception of Jeb...
  • 1,700 Private Jets Fly to Davos to Discuss Global Warming [and talk about income inequality]

    01/20/2015 7:57:25 PM PST · by grundle · 80 replies ^ | January 20, 2015 | Peter Schweizer
    A squadron of 1,700 private jets are rumbling into Davos, Switzerland, this week to discuss global warming and other issues as the annual World Economic Forum gets underway. The influx of private jets is so great, the Swiss Armed Forces has been forced to open up a military air base for the first time ever to absorb all the super rich flying their private jets into the event, reports Newsweek. Decision-makers meeting in Davos must focus on ways to reduce climate risk while building more efficient, cleaner, and lower-carbon economies, former Mexican president Felipe Calderon told USA Today. Davos, which...
  • Suburbs and the New American Poverty

    01/08/2015 12:12:17 PM PST · by 2ndDivisionVet · 26 replies
    The Atlantic ^ | January 7, 2015 | Alana Semuels
    More people with low incomes now live outside of cities, and some areas are ill-equipped to deal with the influx of the poor. NORCROSS, Ga.Every weekday around 3:15 p.m., a big, yellow school bus stops on Pelican Drive outside Norcross Extended Stay, near the intersection with Best Friend Drive. Dozens of children file out, carrying their heavy backpacks away from the Wendys and the AutoZone, towards the cluster of aging three-story yellow buildings where they live. Some are met by waiting parents, others trek by themselves to the shabby motel rooms, marching past broken-down cars, their tires flat, scattered around...
  • Obama Admin Requires Companies to Disclose Paycheck Inequality

    01/06/2015 11:54:49 AM PST · by Kaslin · 58 replies ^ | January 6, 2015 | Michael Schaus
    Waging class warfare can get pretty tiresome for some Democrats… Which kinda explains why they have decided to make companies wage it on themselves. As part of the regulation requirements in Dodd-Frank, publicly traded companies will soon have to spend millions of dollars, and hundreds of thousands of man-hours, to officially report how rich their CEO is compared to rank and file employees. According to the Washington Free Beacon:The provision is backed by labor unions like the AFL-CIO, which seeks to “shame companies into lowering CEO pay.” The price tag of the regulation is expected to be “substantial,” costing more than...
  • Does Income Inequality Even Matter?

    01/06/2015 4:34:33 AM PST · by Kaslin · 19 replies ^ | January 5, 2015 | Gannon LeBlanc
    The income gap and income inequality is a hot button topic in the United States that has taken center stage in political debates and college classrooms in recent years. Economic Nobel LaureatesJoseph Stiglitz andPaul Krugman have argued in The New York Times that income inequality is a major issue that requires political action to remedy.President Obama even hails income inequality as the defining challenge of our time. So what real problems does the income gap propose for American citizens and the countrys future, why is it such a major issue, and what can be done about it, if anything at...
  • Report: Income inequality is greatest in the most liberal states

    12/05/2014 4:44:00 AM PST · by IBD editorial writer · 6 replies
    Investor's Business Daily ^ | 12/4/2014 | IBD Staff
    The most liberal states in the country are the worst run and have the widest gaps between rich and poor. Could it be that spread-the-wealth policies make things worse?
  • Ferguson versus Whitopia

    09/21/2014 8:41:20 PM PDT · by 2ndDivisionVet · 40 replies
    al-Jazeera ^ | September 21, 2014 | Rich Benjamin
    Focus on police bias obscures meaningful debate on structural racism that perpetuates racial injustice and inequality. In the wake of the death of Michael Brown, the unarmed teenager shot by police officer Darren Wilson in Ferguson, Missouri, on Aug. 9, the public has heard quite a bit about the town, its residents and their supposed violence. But about half an hour drive west of Ferguson, along a highway straddling the Missouri River, you will come to what may seem a planet away: St. Charles County. St. Charles is a Whitopia a predominantly white county that has posted 6 percent...
  • Class Issues, Not Race, Will Likely Seal the Next Election

    09/08/2014 1:22:37 AM PDT · by 2ndDivisionVet · 8 replies
    The Daily Beast ^ | September 7, 2014 | Joel Kotkin
    Race is always a hot button topic in the U.S., but rising and rampant economic inequality will likely be the issue that propels people to the voting booth. Recent events in Ferguson, Missouri and along the U.S.-Mexico border may seem to suggest that race has returned as the signature issue in American politics. We can see this already in the pages of mainstream media, with increased calls for reparations for African-Americans, and expanded amnesties for the undocumented. Increasingly, any opposition to Obamas policies is blamed on deep-seated white racism. Yet in reality, race will not define the 2014 election, or...
  • Are Teachers Underpaid? Lets Find Out

    07/24/2014 7:09:56 PM PDT · by 2ndDivisionVet · 21 replies
    The Federalist ^ | July 24, 2014 | David Harsanyi
    A teacher in South Dakota with a bachelors degree and 10 years of experience earns $33,600 per year, which is less than the average auto-repair worker. So says Vox. This grievance against salary injustice is nothing new, of course, but this particular example comes to us from a new national study by the Center for American Progress, which details the chickenfeed teachers are forced to subsist on as they altruistically keep your hopeless children literate. Teachers are underpaid. In politics, and also in everyday life, this is almost universally accepted. Everyone admires teachers. Everyone wants good teachers for their children....
  • Asian American Success Debunks Liberal Myth of American Racism

    07/24/2014 3:11:57 PM PDT · by dignitasnews · 14 replies
    Dignitas News Service ^ | July 24, 2014 | Paul M Winters
    Over the past few decades the rhetoric of the Progressive-left in the Democratic Party has relied more and more on the effect of inherent racism as the primary obstacle facing minorities in this country. As the sole political power in most black and Latino neighborhoods, Democrats have increasingly blamed racial attitudes and white privilege as the culprit to explain the reversal of African-American progress, tragically under-performing inner-city public school systems and disproportionate unemployment for young men and women of color. They continuously assert that America's inherent racism is the primary barrier to minority success, a liberal myth that is debunked...
  • Christians and Economic "Inequality"

    07/18/2014 5:28:57 PM PDT · by Kaslin · 6 replies ^ | July 18, 2014 | Jack Kerwick
    If ever sober-minded folks thought that they could take refuge in the Christian church from the left-wing juggernaut that is our cultures zeitgeist, they can think this no more. In the vestibule of the Lutheran church in which my sons summer camp is held, I noticed that the most recent edition of The Lutheran is devoted to the topic of economic inequality. Norma Cook Everist, a professor of church and ministry, quotes Luther who wrote that the poor are routinely defrauded by the rich. Matters, she declares, are no less true today. Dividing, as it does, the world into...
  • Obama: Michelle 'Bad Example for Pay Equality' Because She Works for Free

    06/19/2014 9:20:28 PM PDT · by 2ndDivisionVet · 44 replies
    Breitbart's Big Government ^ | June 19, 2014 | William Bigelow
    Jumping on the bandwagon Hillary Clinton revved up with her comment saying she and her husband were broke when they left the White House, Barack Obama said Tuesday that his wife is "kind of a bad example" for the need for pay equality because she does the arduous job of being First Lady for free. At a discussion regarding manufacturing in Pittsburgh, Obama said, "I will say, the first lady's kind of a bad example because the first lady doesn't get paid. And she works pretty hard," then quickly added, "obviously, we're ok." Obama touted Michelle Obamas hard-nosed attitude when...
  • The 1 Percent isnt Americas biggest source of inequality. College is.

    05/23/2014 10:14:06 PM PDT · by 2ndDivisionVet · 10 replies
    The Washington Post ^ | May 22, 2014 | Jim Tankersley
    One of the striking stories in the American economy over the last several decades is just how much the incomes of the super-rich have grown, compared to the incomes of everyone else. But what if the focus on those super-rich - the top 1 percent of all earners - has overshadowed a larger, more troubling gap: the widening one between college graduates and workers whose education stopped after high school? That's the argument MIT economist David Autor makes in a brief research paper out Thursday - that "the growth of skill differentials among the 'other 99 percent' is arguably even...
  • Inequality Myths

    05/18/2014 10:21:48 AM PDT · by Kaslin · 13 replies ^ | May 18, 2014 | Michael Tanner
    From President Obama to Paul Krugman, Thomas Piketty to Elizabeth Warren, the Left has adopted inequality as the cause of the day. They paint a picture of a new Gilded Age in which a hereditary American gentry becomes ever richer, while the vast majority of Americans toil away in near-Dickensian poverty. Its a compelling political narrative, one that can be used to advance any number of policy proposals, from higher taxes to increases in the minimum wage Unfortunately, bad facts make for bad policy. Lets look at just some of the ways they get it wrong. Inequality has never been...
  • My personal Wal-Mart nightmare: You wont believe what life is like working there

    05/17/2014 8:54:15 PM PDT · by 2ndDivisionVet · 222 replies
    Salon ^ | May 8, 2014 | Pam Ramos
    When I woke up to see the news, I could hardly believe it: President Obama is planning a visit to the Mountain View Wal-Mart where I work. But the excitement quickly passed when I found out the store would be shutting down hours in advance of his visit. I wouldnt be able to tell the president what its like to work at Wal-Mart and what its like to struggle on low wages, without the hours I need. I am living at the center of the income inequality that he speaks about so often, and I wanted to talk to him...
  • America's Never-ending Shame: Importing Inequality

    05/17/2014 10:36:57 AM PDT · by SeekAndFind · 4 replies
    American Thinker ^ | 05/17/2014 | John Bennett
    Americans must feel ashamed forever for the wicked inequalities that we maintain, especially racial inequalities.  As if to fuel that shame, we are rapidly importing economically poor, poorly educated, low-skilled immigrants: the building blocks of more inequality, and more mandatory guilt.These challenges are intensified because assimilation is almost nonexistent while multiculturalism essentially guarantees that immigrants maintain historical grievances and loyalties to a home nation other than America.  These historical grievances, especially the notion that America stole the southwest from Mexico, have frozen the melting pot. No sensible person with an appreciation for cultural differences would expect identical outcomes from different...
  • Why There is Income Inequality

    05/15/2014 12:59:04 PM PDT · by econjack · 21 replies
    email ^ | Jan, 2014 | Bob Lonsberry
    In early January 2014, Bob Lonsberry, a Rochester talk radio personality on WHAM 1180 AM, said this in response to Obama's "income inequality speech": Two Americas The Democrats are right, there are two Americas . The America that works, and the America that doesnt. There America that contributes, and the America that doesnt. Its not the haves and the have nots, its the dos and the donts. Some people do their duty as Americans, obey the law, support themselves, contribute to society, and others dont. Thats the divide in America . Its not about income inequality, its about civic irresponsibility....
  • Inequality insanity

    05/13/2014 9:03:40 AM PDT · by QT3.14 · 5 replies
    NY Post ^ | May 11, 2014 | Charles Gasparino
    The right is dropping the ball when it comes to Thomas Pikettys much heralded and totally flawed book on inequality, Capital in the 21st Century. This long and lugubrious opus is really an open sore, replete with so much absurdity that shooting it down should be like shooting fish in a barrel. The left has embraced this rant against capitalism and conservatives should be tying them to it, to expose where all the class-war rhetoric would really bring us.
  • Triple-Amputee Iraqi War Heros Letter Shames the President of the United States

    05/11/2014 4:03:49 AM PDT · by 2ndDivisionVet · 40 replies
    Independent Journal Review ^ | May 10, 2014 | Mike Miller
    We embrace heroes in America. Senior Airman Brian Kolfage defines hero: the triple-amputee veteran of the Iraqi War overcame insurmountable odds to survive his horrific injuries. Kolfage recently sent a powerful and damning letter to his commander-in-chief: I nearly died in a war that you and most of your colleagues supported overwhelmingly, including the two presidents who came before you. Many citizens may not agree with waging war in Iraq to free the oppressed Iraqi citizens, but its something that warriors like myself have zero control over. I joined to serve my country and to better my life....
  • Pope Francis: 'Tea Party Catholic'?

    05/10/2014 8:46:21 PM PDT · by 2ndDivisionVet · 121 replies
    Breitbart's Big Peace ^ | May 10, 2014 | Robert Wilde
    On Breitbart News Saturday, Executive Chairman Stephen K. Bannon and Editor in Chief Alex Marlow discussed Pope Francis's remarks to the United Nations where he called for "legitimate redistribution of economic benefits by the State," using government and the private sector. Bannon asked guest Austin Ruse, former head of the Catholic Family and Human Rights Institute and a Breitbart contributor, Is Pope Francis a Commie?" "I know he is a Jesuit," Bannon said, explaining that Jesuits sit at the vanguard of the Communist revolution in Latin America there, before asking if "Pope Francis been taken over by liberation theology? Bannon,...
  • Does a "legitimate redistribution" of wealth include the Vatican archives, Vatican library...?

    05/10/2014 2:47:21 PM PDT · by Laissez-faire capitalist · 66 replies
    5/10/2014 | Laissez-Faire Capitalist
    I wonder if a "limited redistribution" of wealth includes selling the Vatican archives, the Vatican library, Vatican papers, vatican treasures, etc, etc to various museums and other institutions around the world, and then "redistributing" the wealth that would be procured from this? Some may say that words have been misinterpreted. If so, then clarify without any possible misunderstanding. But... if there is no misinterpretation, then why not include these in the redistribution of wealth?
  • CDF head: Pope Francis has close ties with liberation theology

    05/02/2014 2:08:03 PM PDT · by BlatherNaut · 27 replies
    The Tablet ^ | 5/2/14 | Christa Pongratz-Lippitt
    Pope Francis has close ties with liberation theology, the prefect of the Vaticans Congregation for the Doctrine of the Faith, the body that once condemned the movement, has said. In a lengthy interview in the German daily Frankfurter Allgemeine Zeitung (FAZ), Cardinal Gerhard Ludwig Mller said Pope Francis is not so much a liberation theologian in the academic sense, but as far as pastoral work is concerned, he has close ties with liberation theologys concerns. What we can learn from him is the insight that there is no pastoral work without profound theology and vice versa. In the 1980s the...
  • Pope Francis to UN delegation: legitimate redistribution of economic benefits by the State

    05/09/2014 1:56:14 PM PDT · by NYer · 46 replies
    WDTPRS ^ | May 9, 2014 | Fr. John Zuhlsdorf
    Today Pope Francis addressed a delegation of the UN – which I remind you is a principle agent for promoting abortion world-wide.Below please find the full text of Pope Francis’ address to the United Nations Agencies, Funds and Programmes on Friday, led by UN Secretary General Ban Ki-moon.There is some blah blah at first, but keep reading. My emphases and comments.NOTE: A lot of this is simply warmed up John Paul II and Benedict XVI. There isn’t much new here, apart from the terrible wording about the State and redistribution. But we can, for the most part, say “Ho hum!...
  • Pope demands 'legitimate redistribution' of wealth

    05/09/2014 6:04:29 AM PDT · by Abathar · 138 replies
    AP ^ | May 9,2014 | Nicole Winfield
    VATICAN CITY (AP) -- Pope Francis called Friday for governments to redistribute wealth to the poor in a new spirit of generosity to help curb the "economy of exclusion" that is taking hold today.