Equal Is Unfair

Equal Is Unfair

America's Misguided Fight Against Income Inequality

Book - 2016
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To save the American Dream we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. Watkins and Brook believe that the American Dream is under attack-- but that the real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success. They show that the minimum wage hurts the very people it purports to help, and that middle-class stagnation is a myth.
Argues that the solution to increasing income inequality in the United States is not to increase taxes on the rich, but to phase out welfare programs and create a culture of achievement.
Publisher: New York :, St. Martin's Press,, [2016]
Copyright Date: ©2016
ISBN: 9781250084446
125008444X
Characteristics: 258 pages : illustrations ; 25 cm
Additional Contributors: Brook, Yaron - Author

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StarGladiator
Mar 30, 2016

Oh, lordy! Another wacko tract from some ne'er-do-wells from the Ayn Rand Institute [she was the Russian immigrant who had a thing for brutal serial killers]. The authors mention // stagnation \\ of the middle class - - dudes, it ain't stagnation when it has all but disappeared in the majority of the 50 states across America!
For any confused types out there - - acquisition of wealth through endless speculation, privatization [asset stripping of the Public Commons], rigging of all the financial markets is completely different from wealth creation, which they've all by disappeared from America!
[This is in the mindless, jingoistic-sounding claptrap genre which David Brooks likes to write, positing that people such as Brooks are successful, because he's paid to spew forth article on the NY Times columns following the Official Line, which he receives from his highly paid non-job at Brookings Institution, which the faux newsies never tire of falsely claimin is // non-partisan \\ when in point of fact it is highly partisan, the neocon/neolib status quo must rule supreme!]
Once again - - between 1997 to 2007, $23 trillion in securitized debt was sold the by the banksters and investment firms - - financial instruments based upon debt based upon debt based upon . . . - - and between 2007 to 2009, the econ. meltdown, US households lost $17 trillion in assets, and in Europe the loss was $6 trillion in household assets - - or $23 trillion!

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