Have the Rich Become Richer and the Poor Poorer?
Listen to a Barack Obama stump speech in Philadelphia or a Hillary Clinton townhall meeting in North Carolina and you will hear both candidates decry the growth in income equality over the past two decades. They would have you believe that the rich have become richer while the lower and middle classes have seen their incomes stagnate. It is of course implied that the wealthy are enriching themselves at the expense of the peons beneath them. So Robin Obama and Maid Clinton will rob from the evil rich to give to the deserving poor. (more…)
