The Myth of Income Inequality

Phil Gramm , Robert Ekelund , and John Early co-authored The Myth of American Inequality .

They analyzed data from a variety of government sources, including the Census and the IRS .

The Census Bureau is responsible for measuring income inequality and the poverty rate.

Inequality exists but is muted dramatically when transfers from government programs and taxes paid are included.

J.D. Vance : Welfare state encourages social decay instead of counteracting it.

Vance : Policies should be enacted to encourage able-bodied adults to work, reduce welfare state.

The last thing the government of the United States needs is more money, he says.

So much wealth has accumulated in our country that the government can provide $ 41,000 a year to millions of families.