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Income Inequality

Recorded on February 2, 2012

From The Heritage Foundation, I’m Ernest Istook.

President Obama seems obsessed with income inequality—the fact that some people have more than others.

That's his way to distract us from the struggling economy and the millions out of work—problems made worse by big government and big spending.

Obama seems to favor what Communism promised, namely trying to impose a pretense of equality. As Karl Marx put it, “from each according to their ability, and to each according to their need.”

Yet even if all wealth were divided equally, it would be uneven again within days. But productivity would plummet. Why work to earn more, if government just takes it away?

Our Declaration of Independence proclaimed that all men are created equal—we start with equal rights from God. But nobody can guarantee equal results. Government cannot give to some without taking away from others.

From The Heritage Foundation, I’m Ernest Istook.