Sunday, April 27, 2014

Regressives have no answer to Picketty

See Krugman's accurate diagnosis. The regressives cannot coherently argue the facts, nothing new there. So instead they attach Picketty as a Marxist. The obfuscating tactic is not particular to Picketty, in that anyone who even mentions income inequality is by their ideological definition a Marxist or socialist or communist. The reason they must name-call is because Picketty's facts destroy their rationalizations for such income disparity. They claim that the 1% earned their wealth and that they are job creators, not born out by Picketty's voluminous research. So they resort to their tried and true strategy of trying to besmirch the messenger, by again with absolutely no evidence to support it.

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