Friday, February 1, 2013

The Myth Of Inequality As Told By The Usual Suspects

Conservatives from right wing think tanks are arguing that even if incomes are becoming more unequal, consumption equality is more equally distributed.  Therefore, it does not make sense for government to make efforts to reduce income inequality.  Their arguments are presented in the article, as well as several rebuttals. 

Data are also presented in the article which shows that income inequality and poverty are worse in the US than almost all other industrial economies.

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