Contrary to what most of the media says, the poor are getting richer and income mobility is high.
Progressive populists have decided making a lot of money is prima facie evidence of criminality and that inequality is the cardinal sin of our age. Nope.
New Census data showing record levels of income and no increase in inequality should be cause for celebration.
Why can't we liberated moderns?
State licensing laws for low-income professions limit access to jobs and restrict mobility for those who have them. That's a recipe for economic inequality.
But not a desire for greater fairness.
Government officials talk a good game about income inequality but impose policies that raise household costs, discourage employment, and kill opportunity.