In response to:

Inequality

Matt87 Wrote: Jun 10, 2012 9:14 AM
Sounds like another good reason to not re-hire our current Crony-in-Chief.

The topic de jour on the political left is inequality. From President Obama to the editorial pages of The New York Times the message is the same: low taxes (especially on the wealthy) and deregulation are making the rich richer and the poor poorer. Their solution: more big government.

Here's the problem: nothing about this message is true. The George W. Bush tax cuts made after-tax incomes in the United States more equal, not less equal. Furthermore, all over the world low taxes, less regulation and limited government are associated with more income equality, not less. In addition, the greatest beneficiaries...