Category Archives: Economics

Income Inequality

What Bernie Sanders doesn’t understand about it.

To be fair, of course, I don’t think Bernie Sanders understands anything about anything.

Related: Bernie Sanders and the fixed-pie fallacy. He (like all Marxists) doesn’t understand that wealth is created, or how. He thinks it’s just something to be magically redistributed.

[Update a few minutes later]

Unfortunately for the Marxists, the American people don’t think that wealth inequality is a crisis. They don’t think that climate change is, either. It barely makes the list.

[Update a few minutes later]

Dems appeal to “progressives,” not all Americans.

There’s nothing progressive about them. Forced wealth redistribution is the oldest game in the book. Free markets are what are new and revolutionary.