Monday, March 06, 2006

The gap between the rich and the poor myth.


I was arguing with a commenter the other day about this. The liberal talking point of the growing gap between the rich and the poor. The Federal reserve came out with their triannual survey of family income and the press put their usual worst possible spin on it.

But as TSC Daily points out:

"The rich didn't get richer; the rich got poorer while most everybody else did ok."

Read the whole thing. I'm not a numbers girl. I go by what I see, but I always find it interesting when anyone can find numbers to support their belief. Yes, I realize that means mine also, but I just never have bought the "growing gap between the rich and the poor" theory.

h/t BigDog