How the Government Creates Wealth Inequality

Politicians complain loudly about this problem, but their own policies are generating it.

There are economic storm clouds on the horizon, but for now wages are rising, jobs are plentiful, and poverty is falling. Democrats running for president need an economic line of attack, so the solution has been to focus on wealth inequality. Senator Bernie Sanders claims that there has been a “massive transfer of wealth from the middle class to the top one percent.” Senator Elizabeth Warren lambastes America’s “extreme concentration of wealth.” Even the establishment Joe Biden...