John Stossel on Equality Versus Liberty

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white house

President Barack Obama says income inequality is "dangerous … the defining challenge of our time." The pope is upset that capitalism causes inequality. Progressives, facing the failures of Obamacare, are eager to change the subject to America's "wealth gap." It's true that today, the richest one percent of Americans own a third of America's wealth. One percent owns 35 percent! But John Stossel says, so what?