Thursday, May 29, 2014

Rich and poor

A consistent theme under the Obama administration has centered around income inequality which has grown significantly the past five years. During his first term medium family income fell 4.4%. Polls show that 67% of Americans are upset with this and today Hilary Clinton referred to this as the cancer of income inequality. This sounds like a campaign slogan. After all of this talk about income inequality where the rich are vilified by terms like fat cat bankers, I would like to see a poll asking the following question: When a 25 year old comes up with a new gadget for the Internet and walks off with 10 billion dollars would it be acceptable for the government to step in and take 9 billion and redistribute that to people who are hungry.

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