Demons want to steal from the rich and give from the near rich

The progressive movement keeps talking about the need for bold and revolutionary reforms to fight poverty and inequality. Elizabeth Warren asks, “Who is our government going to work for?” Will he continue to work for the rich and the powerful… or for everyone? Even before the recession, Bernie Sanders lamented the “national shame that 46.5 million Americans today live in poverty.” Democratic presidential candidate Joe Biden says “poverty … is the only thing that can bring this country down.”

But do progressive proposals really focus on redistribution from the rich to the poor? Distributional analyzes show that many of their policies would primarily redistribute resources from the super-rich to the simply wealthy, upper-middle and professional classes. They would redistribute from the top paying 99th percentile to the 80th percentile.

This is the predictable result of a quiet political realignment. Much of the working class and middle parts of America has drifted into the GOP, while the far left increasingly consists of younger, educated, upwardly mobile professionals who mostly live in cities. expensive and on the coasts. Democrats have also worked to make inroads with educated and professional commuters.

#Demons #steal #rich #give #rich

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