by Bruce S. Thornton // FrontPage Magazine
Desperate for a diversion from the disasters of Obamacare, the president has conjured up the old leftist “income inequality” cliché. His court-pundits complain that “the richest nation on earth is starting to resemble a banana republic,” according toThe New Republic, while Berkeley Professor Robert Reich has thundered against “casino capitalism,” blaming it for “the greatest concentration of the nation’s income and wealth at the very top since the Gilded Age of the nineteenth century, with the richest 400 Americans owning as much as the bottom 150 million put together.” Continue reading “The Inequality Smokescreen”