In nation's capital, the government robs from the poor and gives to the rich

Rick Moran
Reuters has begun a series of articles on income inequality in America and lo and behold, they discovered that a major culprit behind the gap is the government itself. The initial offering in the series details what has happened in Washington, D.C. since the "War on Poverty" began: In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer because of it. The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20 percent earned less than $9,500 - a ratio of 54 to 1. That gap is up from 39 to 1 two decades ago. It's wider than in any of the 50 states and all but two major cities. This at a time when income inequality in the United States as a whole has risen to levels last seen in the years before the Great Depression. mericans have just emerged from a close presidential election in which the government's role as a leveling...(Read Full Post)

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