John Stossel: There's nothing wrong with inequality. Here's what IS wrong

[Ptarmigan]

John Stossel: There's nothing wrong with inequality. Here's what IS wrong
https://www.foxnews.com/opinion/john-stossel-inequality-income-unfair

Socialists like Bernie Sanders tell us that “the rich get richer, and the poor get poorer.”

That’s a lie.

Yes, rich people got absurdly rich. Last year, says Oxfam, “the wealth of the world’s billionaires increased (by) $2.5 billion a day.”

Extreme poverty has shrunk.

“As we’ve increased the number of billionaires around the world, extreme poverty has shrunk,” says former investment banker Carol Roth in my video about inequality.

She is right. Over the past 30 years, more than a billion people climbed out of extreme poverty. Thanks to capitalism, more than a billion people no longer struggle to survive on a few pennies a day.

Sanders is correct when he says that the wealth gap between rich and poor grew. In America over the last 40 years, the richest people got 200 percent richer, while poor Americans got just 32 percent richer. But again, so what?

Gaining 32 percent is a very good thing (all these numbers are adjusted for inflation).

[Eupher]

The leftists want all the benefits without any of the risks.

They have yet to learn that when you take the leap and take charge of your own situation (and therefore the accountability), and succeed, you are rewarded.