Income Inequality A Farce

A funny thing happened on Fox News’ The O’Reilly Factor the other day. Libertarian and consumer reporter John Stossell and Factor host Bill O’Reilly actually agreed on another topic emanating from the Obama Administration that will surely become another fake issue: income inequality. Both believe it’s bogus.

“What the liberal will never understand, the Democratic Party as well, is that some people just don’t do what is necessary to have the pie that you take out of the oven. Or even have the oven,” O’Reilly says. “They will not or cannot do it.”

He was reacting to Stossel’s satirical pie-baking demonstration and the much-used cliche that the rich get the bigger slice of the pie. Says Stossel, “The reporters often say. ‘the rich got richer,’ which they did. That’s a by-product of freedom, there will be a wealth disparity. And the poor got poorer. But that’s a lie. The poor have not gotten poorer. Middle incomes have stagnated, but that leaves out a lot of the good stuff that poor and middle-income people get.”

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