Inequality and Inequality

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


Powerline tries to catch liberals in a “trap”, it seems:

[The] latest discussion of inequality is a sure sign that the economy is doing well. No longer able to talk about a recession or a jobless recovery, the left now resorts, as it did during the prosperous Reagan years, to income inequality.

Um, but the whole point of talking about income inequality is that the economy is not “prosperous,” because it’s not prosperous for all. At any rate, people often seem to talk about two different things with regards to income inequality. One, it could be the case that all income groups are doing well, but the rich just happen to be doing astronomically well. Now I happen to think that that sort of inequality may well pose real problems and inflict real costs on society, but this debate admittedly gets pretty complex, and defenders can say at least the rising tide is lifting all boats. On the other hand, it could be the case that only the wealthy are doing well, and everyone else is worse off—the rising tide swamping all boats. In a lot of ways, that’s the sort of inequality we have today: real wages for workers have been falling during the “Bush recovery,” as they did during the Reagan years, and that’s a massive, massive problem, irrespective of how well the top tax brackets are doing.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate