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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Wednesday, October 31, 2007

Poorer Getting Poorer?

Yesterday I posted this quote under the topic headline: Getting left behind? Maybe not so much.
"The average annual income of the poorest American families has increased by over a third since 1991 (in inflation-adjusted dollars), according to a recent report from the Congressional Budget Office. Among all families, the poorest had the highest overall growth in earnings from wages over the last decade and a half. So much for the old canard about the poor getting left behind by the American economy."

Walter Williams rights on this subject today:

Are the Poor Getting Poorer?


People who want more government income redistribution programs often sell their agenda with the lament, "The poor are getting poorer and the rich are getting richer," but how about some evidence and you decide? I think the rich are getting richer, and so are the poor.

Read on.

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