Bernie Sanders: The charlatan economic moralist
by Tom Rogan
| August 15, 2018 02:34 PM
On Wednesday, Senator Bernie Sanders, I-Vt., claimed on CBS News that Americans recognize that there is something "fundamentally immoral and wrong about a nation in which we have three people who own more wealth than the bottom half of the American people."
That statistic may sound terrible, but consider this: If you have no unsecured debt and a fiver in your back pocket, you already have considerably more wealth than the bottom 20 percent of American households combined, and you're nearly halfway to joining those three people at the top. So perhaps the statistic is not so impressive or depressing as he means for it to sound.
But beyond that, Sanders is simply wrong that there's something immoral about individuals becoming rich. They're not hurting anyone, especially if other, less affluent people also have opportunities to gain wealth. And that goes double if, as in this country, government policies exist to help those who struggle to meet their needs or cannot support themselves.
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https://www.washingtonexaminer.com/opinion/bernie-sanders-the-charlatan-economic-moralist
