Greed and falsehoods
The Four Biggest Right-Wing Lies About Inequality
Robert Reich
MONDAY, MAY 5, 2014
Even though French economist Thomas Piketty has made an air-tight case that we’re heading toward levels of inequality not seen since the days of the nineteenth-century robber barons, right-wing conservatives haven’t stopped lying about what’s happening and what to do about it.
Herewith, the four biggest right-wing lies about inequality, followed by the truth.
Lie number one: The rich and CEOs are America’s job creators. So we dare not tax them.
Lie number two: People are paid what they’re worth in the market. So we shouldn’t tamper with pay.
Lie number three: Anyone can make it in America with enough guts, gumption, and intelligence. So we don’t need to do anything for poor and lower-middle class kids.
Lie number four: Increasing the minimum wage will result in fewer jobs. So we shouldn’t raise it.
(The complete article is here.)
Robert Reich
MONDAY, MAY 5, 2014
Even though French economist Thomas Piketty has made an air-tight case that we’re heading toward levels of inequality not seen since the days of the nineteenth-century robber barons, right-wing conservatives haven’t stopped lying about what’s happening and what to do about it.
Herewith, the four biggest right-wing lies about inequality, followed by the truth.
Lie number one: The rich and CEOs are America’s job creators. So we dare not tax them.
Lie number two: People are paid what they’re worth in the market. So we shouldn’t tamper with pay.
Lie number three: Anyone can make it in America with enough guts, gumption, and intelligence. So we don’t need to do anything for poor and lower-middle class kids.
Lie number four: Increasing the minimum wage will result in fewer jobs. So we shouldn’t raise it.
(The complete article is here.)
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