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Thursday, March 26, 2015

Dr. Ed's Blog: Redistributing Income to Reduce Inequality (excerpt)

Dr. Ed's Blog: Redistributing Income to Reduce Inequality (excerpt):





 The conclusion is that Progressives who claim that income inequality has worsened have to prove that this is so after government support payments have been made, not before. If they are still right, then they will undoubtedly continue to press for even more income redistribution. However, before they do so, they should prove that the existing redistribution programs are not the cause of worsening income inequality. Conservatives argue that government benefits erode the work ethic and thereby exacerbate income inequality. I agree with that view. The debate will continue.

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