Income Equality, Not Inequality, Is the Problem

> Contrary to conventional wisdom, the most dramatic and consequential change in the distribution of income in America in the past half-century isn’t rising income inequality but the extraordinary growth in income equality among the bottom 60% of household earners.

> Real government transfer payments to the bottom 20% of household earners surged by 269% between 1967 and 2017, while middle-income households saw their real earnings after taxes rise by only 154% during the same period. That has largely equalized the income of the bottom 60% of Americans. This government-created equality has caused the labor-force participation rate to collapse among working-age people in low-income households and unleashed a populist realignment that is unraveling the coalition that has dominated American politics since the 1930s.

As they say, big if true.

So, is the writer a shill for Big Tuberculosis or Big Cholera, or something?

"The problem is that not enough humans are desparately poor any more. How's a struggling bacterium supposed to increase market share, if people stop living ten to a room in run-down, rat-infested tenements?"

I'm fairly convinced, in my darker moods, that the authors of Brexit think that Britain needs more TB.