Are the rich getting richer? Yes. Are the poor getting poorer? No. In fact, over the past 35 years most Americans got richer. Has income inequality increased in the United States? Yes. Does it matter? Well, President Barack Obama thinks so. In a December speech at the Center for American Progress, the president declared that "a dangerous and growing inequality and lack of upward mobility" is "the defining challenge of our time." Is that true? Ron Bailey says no.
"I chose to be that guy who didn't issue the apology," says Daniel Elder. "Things went from there and it wasn't good."
And as many as 75 percent of middle income households face a tax increase under Biden's plan, even though the highest-earning households will pay the vast majority of the costs.
Retired Engineer Offers Free Expert Testimony for Flood Victims. Licensing Officials Threaten Him With Criminal Charges.
Wayne Nutt worked as an engineer for decades. But because he's not licensed, North Carolina's engineering board says that he can't share his expertise in public.
Biden's Latest Round of Student Loan Debt Forgiveness Is an Indictment of Federal Higher Education Subsidies
Thirty-five years after Bill Bennett sounded the alarm about student loan defaults, we still haven't learned a damn thing.