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January 28, 2014

"Surprise: Income mobility is not falling after all"

A short summary of the new, much-discussed Chetty, et al. paper. The paper itself is here.


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We are all equally poor. The democrat strategy is trickle up poverty? This is how government works-- you get an allotment of food, income, and medical care. No more jobs. No pipelines, no fracking, no independent businesses, no jobs that might result in unequal outcomes. Higher prices for everyone. The democrat slogan, "We don't want no stinking jobs"! We get equality in poverty. And on top of that, you share your allotment with illegal aliens. Socialism is wonderful...

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