Friday, December 05, 2014

Liberalism Breeds Income Inequality

by JASmius



The numbers don't lie, gentles:

The list of worst-run states — compiled by the news site 24/7 Wall St. using things like pension funding, credit ratings, unemployment, poverty, crime and high school graduation rates — shows that three of the bottom five are liberal. Illinois ranks dead last, followed by New Mexico, with Rhode Island coming in at #5.

At the other end of the spectrum, only one of the top five best-run states — Minnesota — is liberal. North Dakota comes in first, followed by Wyoming, Nebraska and Iowa.

Liberal states also show up, amazingly enough, as having the greatest levels of income inequality. That’s according to another 24/7 Wall St. list, which based its ranking on state-level income inequality data from the Census Bureau.

The state with the widest gap between rich and poor is New York. Also among the top ten are Connecticut, California, Massachusetts, Illinois and New Jersey.

It's really, really simple: Vibrant, healthy, free societies have a large, robust, independent, and prosperous middle class.  Slave societies have a tiny, corrupt, tyrannical upper class and the rest of the population wallows in squalor, misery, poverty, and oppression.  Which is why leftists, whatever their roaringly mendatious claims of being the "friends of the little guy," HAVE to destroy the middle class in order to realize their "fundamental transformation" dreams.  The imposition of recessionary high-tax, suffocating regulatory economic policies dissuade employers from creating jobs.  Jobs are what enable the poor to climb into the middle class.  Prevent job creation and you shrink the middle class.  Period.

It is, as I always say, always about the incentives.  And the Left hates the "bourgeoisie".  The 24/7 Wall Street numbers are redundant proof.

Exit question: Let's say over a given period of time your income rises to $100,000 a year at the same time that your neighbor's income zooms to $10 million a year (Yes, I know, he wouldn't remain your neighbor for long, but work with me here).  Your respective incomes would have become much more "unequal" - but wouldn't you still be earning a comfortable living?  How is that affected by the greater amount your neighbor takes in?  If we're endlessly admonished to stop "peaking into other people's bedrooms," why should we not also keep our hands out of other people's wallets?

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