SYNDICATED COLUMN: Some Weasels Are More Equal Than Others
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Liberal BS on Income Inequality Everyone talks about income inequality, but no one does anything about it. Lately they’ve been talking more than ever. “The United States is the rich country with the most skewed income distribution, ” Eduardo Porter asserts in his upcoming book “The Price of Everything: Solving the Mystery of Why We Pay What We Do.” Porter continues: “According to the Organization for Economic Cooperation and Development, the average earnings of the richest 10 percent of Americans are 16 times those for the 10 percent at the bottom of the pile. That compares with a multiple of 8 in Britain and 5 in Sweden. Not coincidentally, Americans are less economically mobile than people in other developed countries. There is a 42 percent chance that the son of an American man in the bottom fifth of the income distribution will be stuck in the same economic slot. The equivalent odds for a British man are 30 percent, and…
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