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The Top 20 Percent Are the Real “Hoarders” of Wealth

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The Top 20 Percent Are the Real “Hoarders” of Wealth

So what about everyone else?

By AMELIA IRVINE • August 11, 2017

White House aid Stephen Miller made headlines last week over his contentious exchange with a CNN reporter during a press briefing about a new immigration bill. Miller made various bold claims about the bill’s benefits, one being that it would reduce “wealth inequality,” provoking backlash from the Huffington Post and the Washington Post.

Income inequality is a popular enemy for politicians to attack. President Obama called income inequality the “defining challenge of our time,” and Senator Bernie Sanders famously railed against “the top one-tenth of the top 1 percent” for months during the 2016 election. President Trump won the office because he appealed to low- and middle-class Americans who felt left behind in the age of globalization.

Conservatives tend to brush off concerns about inequality. After all, in the free market, we’re rewarded based not on our class status, but on our own abilities. Right?      :snip: http://www.theamericanconservative.com/articles/yes-congress-afghanistan-is-your-vietnam/ 

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