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Comment by crusso | Hacker News Reader

Even worse -- on top of the shaky ground of the argument that "income inequality is a huge evil" is built a remedy that the government is somehow going to equitably redistribute the wealth without destroying a great deal of it in the process.

Income mobility is so much more important as an economic concern over income inequality.

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Exactly. Nobody talks about income mobility. Income mobility in the US is the same as 20 years ago despite increasing inequality.

Income mobility for the poor is highest in the places where the infamous 1% live.

http://www.equality-of-opportunity.org/

This is a tired mantra. It does not bear close scrutiny. It is a meme created by the wealthy and powerful to maintain their wealth and power. It is similar to the belief inculcated by royalty that they rule by divine right.

You call it a "tired mantra" and a "meme". If that were the case, then I'd think that you'd destroy my position with data vs a couple of lines of rhetoric.

To what kind of scrutiny are you referring? I'd think that if governments were good at redistributing wealth, one of the many communist countries would have been a resounding success.

Can you point me to one?

I can point you to many information sources that show that economic freedom is closely correlated to average wealth and higher standards of living.

Wow. You managed to write all that without actually including a word that might have supported what you were saying. Maybe it's a "tired mantra" because it's true.

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