The widening income gap? (find original source through wikipedia) Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Related
Wikipedia on Income inequality in the United States of America is extremely biased toward socialism both in concepts and authors. Some of authors and authorities cited call themselves Keynesian but their interpretations have drifted way to the left or socialist concepts. You need to get one of your Mises friends to critique this entry. Especially as to true value of dollars referred to in the graph. This article does not speak to increased tax burdens and government interference influencing the results allegedly demonstrated. The lady who the article is attributed to is most likely a product of a liberal economics department or has no economic analysis training whatsoever. Ed K Reply
Even if the author is a product of a liberal (in the modern, American-socialist sense) economics, her chart seems to speak against the egalitarianism American socialists usually embrace. It shows 1) income distribution is NOT widening 2) it remains completely proportional Reply
Wikipedia on Income inequality in the United States of America is extremely biased toward socialism both in concepts and authors.
Some of authors and authorities cited call themselves Keynesian but their interpretations have drifted way to the left or socialist concepts.
You need to get one of your Mises friends to critique this entry. Especially as to true value of dollars referred to in the graph.
This article does not speak to increased tax burdens and government interference influencing the results allegedly demonstrated.
The lady who the article is attributed to is most likely a product of a liberal economics department or has no economic analysis training whatsoever.
Ed K
Even if the author is a product of a liberal (in the modern, American-socialist sense) economics, her chart seems to speak against the egalitarianism American socialists usually embrace.
It shows
1) income distribution is NOT widening
2) it remains completely proportional
Look at the )-axis and you’ll see
Oops, I meant Y axis.
-esoteridactyl :)
Interesting how you distort the graph to prove a point. In other words you lie. Shame.
Care to elaborate, Edna?