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Poor Aren't Poor Because Rich Are Rich
For years, we've debated rising economic inequality. On one side, liberals denounce it as unjust. Redistribute wealth to the poor and middle class, they say. On the other, conservatives minimize its importance. What matters most is overall economic growth, they retort. Well, the conjunction of ...
Election 2008:  what really happened | Red State, Blue State, Rich State, Poor State
Election 2008: what really happened | Red State, Blue State, Rich State, Poor State
redbluerichpoor.com — Election 2008: what really happened November 5th, 2008, by Andrew After a quick look at the election... results and exit polls (from www.cnn.com), some thoughts: 1. The election was pretty close. Obama won by about 5% of the vote, consistent with the ... (more) Election 2008: what really happened | Red State, Blue ...
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The Inequality Debate
Greg Mankiw's BlogAs seen by Robert Samuelson.

Poor Aren't Poor Because Rich Are Rich; Making The Rich Poorer Doesn't Make Everyone Else Rich
CARPE DIEM — ... poor because the rich are rich. They're usually poor for their own reasons: family breakdown, low skills, destructive personal habits and plain bad luck. And making the rich poorer doesn't make everyone else richer. Scapegoating and punishing all of the rich won't do us any good if the resulting taxes dull investment and risk-taking, discouraging economic growth that benefits everyone. ~Robert Samuelson HT: Greg Mankiw ...

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