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  • 5 reasons why income inequality is a myth — and Occupy Wall Street is wrong

    10/29/2011 6:03:52 PM PDT · by Beave Meister · 13 replies
    The American ^ | 10/18/2011 | James Pethokoukis
    Sorry, the story just doesn’t hold together. According to left-wing think tanks, columnist and bloggers—and, of course, the Occupy Wall Street radicals—the top 1 percent have been exploiting the 99 percent for decades. The rich have been getting richer at the expense of the middle class and poor. Really? Just think for a second: If inequality had really exploded during the past 30 to 40 years, why did American politics simultaneously move rightward toward a greater embrace of free-market capitalism? Shouldn’t just the opposite have happened as beleaguered workers united and demanded a vastly expanded social safety net and sharply...