Wealthy Elites Lecture the Rest of America on Income Inequality

Well, this was certainly “rich” in every sense of the word…

Recently, a handful of multi-millionaires decided to have a televised get-together to discuss what they see as the real prevailing problem afflicting America — wealth inequality.

Now, never mind the fact that free market capitalism has deepened the pockets of even the lowest-income individuals, and the fact that even the poorest among us make the kings of feudal Europe seem like lowly peasants. That doesn’t even touch the irony here.

The hypocrisy lies entirely with the people involved.

Michael Moore, who spent a good amount of time railing against the “corporate media” (the same media that publishes his films?) for failing to pay enough attention to the fact that some people make more money than others. Senators Bernie Sanders and Elizabeth Warren happily provided an echo chamber throughout the rest of the conversation.

Make no mistake — the wealth gap between the rich and poor has widened wildly over the past century. But, what progressives like Moore fail to understand is that even the poorest of the poor are vastly wealthier today than the lowest rungs of society had been in the past. And, considering that capitalism has created a plethora of public goods such as the internet and chain restaurants that can shell out an entire meal for couple of bucks, it’s hard to see what exactly this panel is taking issue with.

This wasn’t about making people wealthier — it was about political grandstanding and nothing more.

~ Facts Not Memes

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