Diana Furchtgott-Roth does a fine job of debunking President Obama's alarm about rising inequality: "much of this concern is a problem in search of reality, caused by problems of measurement and changes in demographic patterns over the past quarter-century. Spending shows remarkable stability over the past 25 years and, if anything, a narrowing rather than an expansion of inequality."
A Problem in Search of Reality
https://www.futureofcapitalism.com/2013/12/a-problem-in-search-of-reality
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