President Obama has promised to spend the rest of his term addressing the putatively grave problem of income inequality.
IN A WORLD . . . where politicians indulge their private obsessions and political agendas, this makes sense. But what if, just, what if, instead of worrying about income inequality, Obama merely worried about INCOME.
Because that’s what those still out of work aren’t getting. They’re not part of the income inequality problem, because THEY DON’T HAVE ANY INCOME AT ALL. And there are still lots of them, despite the supposedly declining unemployment rate.
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