Fair Share and Economic Mobility

Much has been made, in the last few years, of an apparent increasing concentration of wealth in the hands of a few, while the poor get poorer.  One result of this has been a demand that the rich should pay more taxes; they should pay “their fair share.”  Another result has been a general objection to the increasing wealth of those who are already wealthy; there should be a general redistribution of their wealth to the poor.

In addition to attempting to define what “their fair share” should be, it’s also useful to explore whether the wealth disparity in the US is really all that bad.

Political Correctness and Jim Crow

I was taking my daily exercise walk through the neighborhood this morning and had an interesting conversation with a passing motorist.  Since it’s a residential area, I was moseying along in the street, and the motorist stopped and asked why I didn’t like the sidewalk (no snark; he was just curious).  The salient part of the conversation went like this:

Me: “Just habit.  Usually my wife and I walk together, and when we talk, there’s much hand-waving and elbow-flying.  The sidewalk isn’t wide enough for us.”

He: “Oh, you’re Italian.”

Me: “Nah.  We’re American.”  (OK, some leg pulling here.)

Equal Outcome and Equal Opportunity are Equally Moral?

Senator Marco Rubio (Rep, FL) spoke on the floor of the Senate last August; a recording of that speech was posted by Senator Rubio here: This Debate Will Continue.  I agree with almost all of his words, but there is one critical passage with which I must take issue, albeit at a late date.

Senator Rubio said (these words can be heard beginning at about the 5:20 mark of his roughly 10 minute recording),