The hot topic in the news right now is “Income Inequality” – the gap in incomes between the very top earners and those at the very bottom. And yes, the difference is indeed staggering. While millions of Americans are just getting by, a relatively few earn more in a single year than most families could spend in a lifetime. The “Occupy Wall Street” protesters and others think this is abominable. But is it really?
First, let’s talk about some of the reasons this extreme gap in incomes exists. Many on the bottom rung of the income ladder believe that the folks at the top got there by a combination of sheer luck and unfair advantage. There is certainly a ring of truth to the luck factor, and in rare instances perhaps someone got a break or two that wasn’t really deserved. But in most cases extreme wealth is created in the United States when someone with a great idea takes advantage of the opportunity of a lifetime, working mind-numbing hours to make it happen. Is that really a bad thing? In my opinion, no.
In America, the wealthy among us help support the lifestyles of the poor. Now you might be thinking “What kind of lifestyle does one living below the poverty level have anyway?” A good question to be sure, but ask most anyone living in North Korea, Cuba or rural China that question and they’ll probably say “One that I would LOVE to have!”
To be pefectly clear, living in relative poverty in the United States is no fun, and I’m not saying those folks should be happy about it. What I AM saying is trying to “fix” that “problem” by taxing the daylights out of the wealthy would do more harm than good. Like it or not, the wealthy “1%” as the OWS folks like to refer to them provide most of the jobs that the rest of us hold. Take away their rewards for achieving success and they’ll stop providing those jobs. After all, if the government slapped a huge pay cut (tax hike) on you would you still be willing to work just as hard on YOUR job as you do now? Probably not. I know I wouldn’t.
We Americans also have a huge “middle class” consisting of people who aren’t poor or rich, but somewhere in between. In every country where the government has tried to wipe out income inequality, the middle class has virtually disappeared. A tiny portion of the population at the top became fabulously wealthy while the other “99%” fell into abject poverty. Real poverty, not what we Americans consider poverty to be. Is that what we want for our country? I don’t think so.
Capitalism, even with all its warts, is still far and away the fairest, most effective economic system ever tried for creating wealth and enabling a decent lifestyle for ALL the citizens. Yes, some will fall through the cracks. That’s where friends, family, churches, and to a certain extent the government should step in and lend a helping hand. And they do it pretty effectively in my opinion. But it never works out very well for the masses when a government tries to lift the poor by soaking the rich. The middle class always sinks into poverty right along with the those who are already there.
Be very careful all of you OWS’ers. God help us all if you ever get what you’re asking for. I would much rather live within the “99%” here in the good ole USA than the “99%” in some of the “fairer” nations around the globe.

Every time I walk into a post office or other government building I see signs or stickers letting me know that guns are not allowed on the premises. And every time I see those signs or stickers I just shake my head and wonder how the powers that be can be so clueless.
I grew up in a rural area where most everyone we knew heated their homes with firewood. Back in those days firewood was dirt cheap even if you had to buy it, but most everyone around owned a plot of “woods” where they could simply cut what they needed for close to nothing. It’s hard telling how many cords of wood we burned over the years, but I can tell you that it was a bunch!