I’ll be honest with you,… I don’t know much about the topic of the supposed wealth divide in America. I mean I’m well aware that we have the rich, the middle class, and the poor. But, other than that, I don’t know much beyond what our media crams down our throats (which I typically take with a grain of salt). Last December I read this Alan Reynolds’ editorial titled The Top 1%…of What? (free) in the Wall Street Journal. He makes a pretty strong case that the numbers that the media and politicians like to throw around are misleading.
We all know that the rich are getting richer. It doesn’t take a genius to figure that out. However, are they getting rich at the expense of the lower and middle classes?