With the demise of the Russian collusion hoax, you knew that something would have to emerge to fill the giant hole in the newspapers and the TV news shows. It looks like the old perennial of “income inequality,” after some time mostly off the front pages, is now the first mantra to be found rushing in to fill the vacuum.
So there we had Ray Dalio — serious mega-billionaire and Co-Chairman of the country’s biggest hedge fund, Bridgewater Associates — showing up on CBS’s “60 Minutes” yesterday to proclaim that income inequality is a “national emergency”:
“If I was the president of the United States,” Dalio said, “what I would do is recognize that this is a national emergency. . . .” “The American dream is lost,” he said. “For the most part we don’t even talk about what is the American dream. And it’s very different from when I was growing up.”
Simultaneously, Mr. Progressive himself, New York Mayor Bill de Blasio, turned up in Nevada (of all places) to promote his self-delusional presidential campaign, and chose income inequality as his theme. From today’s New York Post:
[T]here needs to be a “bigger discussion about income inequality and oppression of other groups including Latinos, Native Americans, Asian and women,” he said at the event organized by the immigrant advocacy group Make the Road.
And, somewhat to my surprise, the income inequality drum beaters seem to have enlisted Tucker Carlson of Fox News as one of their spokespeople. Carlson has made statements on this subject several times, but here is an example quoted by Forbes (last November):
The biggest problem this country faces is income inequality, and neither the liberals nor the conservatives see it.
Here’s the problem I have with this: The “income inequality” mantra in the United States is almost as big a hoax as the Trump/Russia collusion scam. . . .Read More