If you were thinking the great “income inequality” crusade was a veiled effort to bring back Marxism, you’re dead wrong. It’s not veiled at all. The Left’s academic brigades are giddy with delight that a modified version of Marxist theory is gaining purchase among Western politicians, who of course are themselves very happy to embrace a philosophy that serves as the gateway to unlimited power. Marx | Read More »
Solving the Income Inequality Conundrum
In a previous entry, I noted how liberal commentators and “experts” like Paul Krugman jumped on Paul Ryan for comments he had made regarding a culture of dependency that had developed among the poorer elements of society. Naturally, in typical racist fashion, these liberals jumped on the comments and accused him of racism as if poverty is somehow intrinsic to minorities- a racist liberal assumption | Read More »
That Old Time Class Warfare
This is an article I have been meaning to pen for some time now although I doubt one article will do it, so we’ll see. It involves that “great defining issue of our time” according to Obama- income inequality. Actually, the idea first entered my conscience after reading Alan Greenspan’s “The Age of Turbulence.” In that book, Greenspan warned somewhat about the growing economic disparity | Read More »
The Bob Corker v. UAW Showdown in Tennessee
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the UAW’s efforts to unionize a VW plant in Tennessee, Senator Bob Corker’s 11th hour bombshell and why the left will never support the solution to income inequality.
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“His Majesty” Obama’s Perverted Social Justice
America meet “Obama’s social justice or better yet social injustice” a robin hood philosophy that circumvents the laws of our land attacking our freedoms and rights. In the past five years, Obama has sold us a pig in a poke wrapped up in pretty ribbon with all of the Liberal bells and whistles. It doesn’t take a rocket scientist to know that our beautiful America | Read More »
Daniel Garza Discusses Obamacare’s Impact on Hispanics
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Daniel Garza to discuss Obamacare’s impact on the Hispanic community, why the Obama Administration’s policy have hurt the American Dream and what impact hispanics can have on the 2014 elections.
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Thinking About the Minimum Wage Outside the Box
In the past, I have written about the minimum wage, especially as it applied to a referendum in New Jersey in 2013 which the voters stupidly approved. Personally, I have nothing against a minimum wage per se, but in the case of New Jersey, they not only increased it starting in 2014, but then they linked future increases to the CPI. Then to make matters | Read More »
Another Flawed Liberal Assumption
A recent acquaintance of mine was shocked to hear I was a Republican. “But you’re poor!” she incredulously exclaimed. At first I thought of trying to clarify my stance. I am a conservative, I wanted to tell her. But the context didn’t allow for elaboration. I used to think I was a Libertarian. But then I attended several Libertarian meetings. I don’t see | Read More »
A nation of criminals
As expected, one of the big themes for President Obama’s State of the Union speech will be “income inequality.” Those of you who were expecting the big “ObamaCare: What Was I Thinking?” speech will have to contain your disappointment. You’ll have plenty to discuss with Linus when you’re camped out in the pumpkin patch waiting for the Great Pumpkin to appear next fall. Of course Barack Obama | Read More »
Who Will Win the War Against Income Inequality?
From each according to their ability to each according to their need was the hollow promise of the Soviet Union. It was long known to be merely the cover for a ruthless Communist Party that pretended to build a worker’s paradise while in fact enslaving a nation for its own gain. Today this infamous lie has been resurrected in America as the war against income | Read More »
Tags: Dr. Robert Owens
, Equality of Outcome
, Federal Reserve
, income inequality
, Progressive Agenda
, progressive tax
, socialist agenda
, Wealth redistribution
Is ‘Income Inequality’ the Democrats and Obama’s new ‘War on Women’ for 2014?
As a long-time loyal Republican and “political observer” I marvel at the ability of President Obama and his Democrat Party message machine to concoct or resurrect wedge issues that are captured in catchy phrases and used to successfully polarize the nation. The phrase is then turned into fundraising gold, ground up into red meat to feed base Democrat voter groups, used to demonize Republicans, positioned to | Read More »
The War on Misfortune
It’s always wise to assume the worst when you hear politicians declaring war on a vague notion, such as “inequality.” Inequality is replacing “injustice” as the eternal socialist crusade of choice. ”Injustice” had too many connotations of actual law enforcement – something the Left generally dislikes. They really hated it when their quest for cosmic, redistributive “social justice” was conflated with the mundane business of | Read More »
Obama’s Economics – Equality At The Zero
President Barack Obama was talking economy again the 24th of July. This is typically the topic he comes back to after every other topic he could discuss seems to be one about which he should zip his soup cooler. The bromides flew like Japanese Beetles during an infestation. He seems to have noticed the high level of inequality between the average American and the typical student at the Punahou Academy. He dusts off his old copy of Resnick and Wolff below.
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“This growing inequality isn’t just morally wrong; it’s bad economics,” he told his Galesburg, Illinois audience. “When middle-class families have less to spend, businesses have fewer customers. When wealth concentrates at the very top, it can inflate unstable bubbles that threaten the economy. When the rungs on the ladder of opportunity grow farther apart, it undermines the very essence of this country.”
Obama Misunderstands Income Inequality
President Barack Obama’s recent speech on the economy demonstrates a stunning lack of economic knowledge. By focusing on income inequality, he misleads the American public into unjustified class warfare. In his speech at Knox College last Wednesday, the President argued that we are further progressing toward a “winner-take-all economy where a few are doing better and better and better while everybody else just treads water.” | Read More »
Measuring Income Inequality: It Doesn’t Add Up
During the State of the Union this year, we heard President Obama talk repeatedly about fairness and taxes as he painted a picture of income inequality to shape the narrative of the coming election year. The problem is that income inequality really is a myth, yet it is being perpetuated: the gap between rich and poor has never been higher. The data used most frequently | Read More »