Eat The Rich!

This weekend's Journal has this great article, essentially saying that income has become more spread out among classes, as opposed to concentrated within the wealthy few, since 2000. Furthermore, this fact is not widely reported, as it would be incongruous with the general notion that Republican administrations favor the rich. Which, they probably do, by the way. But as any decent monetarist can tell you (cue Friedman, Sowell, and Co.), the rising tide raises all ships - perhaps the Federal tax cuts are having the desired effect...

One of my favorite books about economics is "Eat the Rich" by P.J. O'Rourke. An easy and entertaining read, as most O'Rourke work is, one key takeaway is that things are not always what they appear, especially when observing people in an economic system.