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Tuesday, June 10, 2014

US states with the most liberal policies have the most income inequality

"Our leftist friends have decided that income inequality is a scourge that must be addressed. That might be a noble goal if they were motivated by a desire to improve the lives of the less fortunate.
Based on their policy proposals, though, it appears that the main goal is to punish the so-called rich. And they’re so fixated on that objective, Margaret Thatcher pointed out, that they’re willing to make the poor worse off.
And what’s especially bizarre is that rich leftists are among the biggest cheerleaders for these policies. Heck, I’ve even debated some of these limousine liberals, as you can see here and here. But maybe their feelings of self-loathing and guilt are justified. After all, it seems that statist policies are actually associated with higher degrees of income inequality.
Let’s see what Steve Moore and Rich Vedder discovered when they looked at evidence from the states. Here are excerpts from their column in the Wall Street Journal.
"Our state-by-state analysis finds that the more liberal states whose policies are supposed to promote fairness have a bigger gap between higher and lower incomes than do states that have more conservative, pro-growth policies…"

1 comment:

David B said...

Ontario has a huge income inequality gap. Just look at the rapid rise in the public sector workers compared to the private sector counterparts all thanks to the McGuinty Wynne government and the union allies.