It's Monday and Robert Samuelson Is Defending the One Percent, Again

Yes, not much of a surprise here. (I had to check the date to be sure I wasn't reading an old column.) Anyhow, let's start with the punch line:


"Economic inequality is usually a consequence of our problems and not a cause. For starters, the poor are not poor because the rich are rich.


"The two conditions are generally unrelated. Mostly, the rich got rich by running profitable small businesses (car dealerships, builders), creating big enterprises (Google, Microsoft), being at the top of lucrat...

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Published on February 02, 2014 18:09
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