You don't have to look very far to find someone in the msm complaining about income inequality. "The rich get richer and the poor get poorer," is a popular refrain among the envious. In reality, during those phases of the economic cycle when the rich get richer the low income people generally do better, too. During bad time, both the rich and poor get hurt, but the rich generally have built a cushion that softens the blow during down times.
Anyway, someone using the name Jonathan Fast has penned a wonderful little satirical recipe for reducing inequality. Click Some Modest Proposals to Solve the Inequality Problem.
He notes three factors that have contributed to inequality: The 30 year stock market boom, globalization, and the two earner family. So what's the solution to inequality? Simple. Eliminate those three things. Cause the stock market to crash, get some trade tariffs and barriers to curtail global buying and selling, and put working women back in the kitchen. Hilarious.
Via Newmarksdoor.com.
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