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Inequality Is Decidedly Not the Problem In the U.S.

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
126,731
85,843
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NJPSU would be upset to learn that redistribution and punitive taxation are not the answers.

https://www.realclearmarkets.com/ar...idedly_not_the_problem_in_the_us__103991.html

However you feel about any of those proposals, or others, it’s clear that the social problems caused by the economy in the United States should not be viewed through a lens of simple generalized inequality, with crude redistribution the only solution. Low-income and high-income people each, on average, consume adequate amounts for dignified comfort; as do earners and non-earners. There are plenty of social and economic problems to tackle—people missed by government benefits either accidentally or on purpose, economic insecurity even among people with enough to spend today, government programs that make things worse, racism, sexism, crime and discriminatory criminal justice, child abuse and neglect, to name a few—but lumping them all together as inequality and promising to soak the rich until they go away is misguided.
 
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