The False Income-Inequality Narrative
An enduring theme of the Democratic presidential race has been income inequality, coupled with an enduring belief that America’s affluent reached their status at the expense of the poor and the middle class.
Bernie Sanders speaks of little else on the stump. And when not busy dissembling on her handling of email correspondence at the State Department, Hillary Clinton will tell you that the “deck is still stacked in favor of those at the top.” If Joe Biden gets in, expect more of the same. The vice president is said to be contemplating a 2016 bid in large part because struggling middle-income families may have trouble relating to Mrs. Clinton on inequality given her high living since leaving the White House...
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This piece originally appeared in The Wall Street Journal