Bruce Thornton on the constant demonization of so-called “income inequality” constantly railed about by Obama and his minions. An excellent point is made below regarding the gazillions being made yearly by Hollywood acolytes, NFL goons, NBA tattoo boards, and people who sit lazily in front of teleprompters reading newsbits for a living…
This envy and resentment is readily fostered and exploited by politicians seeking support for increasing spending on welfare and entitlements in order to maintain their own power and increase that of the state. Meanwhile, welfare destroys the virtues and habits necessary for success, while punitive taxation, deficit spending, bloated government, and intrusive regulation all hurt economic growth and reduce opportunities for those who do want to better themselves.
Obviously, modern “income inequality” rhetoric is a political smokescreen, which explains its inconsistencies. We do not hear Obama and the Democrats decrying the bloated incomes of progressive actors, television talk-show hosts, rap moguls, or sports stars. Their demonization of Wall Street doesn’t stop them from accepting campaign contributions from investment bankers or working for Goldman Sachs after leaving government. Worse yet, they are completely indifferent to the assault on the Constitutional order this rhetoric represents, or the divisiveness sown among the citizens by stirring up destructive passions like envy and resentment. All they care about is keeping their own power and privilege no matter what the social and economic costs. Thornton continues…