Friday, June 13, 2014

Who Are the Poor and Whose Money do They Want?

A curiosity exists among the citizens of the West over their idea of the poor and the endpoint of the notion of inequality and redistribution. Most seem to believe there are poor people here in the United States and those people will be rewarded financially by forced expropriations from others. A glance at the two graphs below will show how parochial an idea that is. In fact the poor in this country are quite well off compared to most. The inequality fad sweeping the world and the great leveling that some demand would necessitate the average citizen of Appalachia donating to the world's poor. First we loot Luxembourg, then.....
Do not ask for whom the redistribution bell tolls.





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