I suppose that I knew this all along, but it's still shocking. According Richard Shinder, commenting on a piece by Phil Gramm and John Early in the Wall Street Journal, the point isn't that inequality isn't as bad as our liberal friends like to lecture us. Hey, if you don't take gubmint payments into account, of course inequality looks bad. But he takes Gramm and Early to task for this:
Left largely unremarked upon in their essay are the costs and consequences of both current and prospective redistributive policies, other than observing a collapsing labor-force participation rate among lower-income households and that the percentage of income attributable to government payments among the bottom quintile of U.S. households now exceeds 90 percent.
Yikes.
Of course, that chimes in with Charles Murray in Coming Apart. In the bottom 35 percent of Americans, the men don't work much and the women don't marry much.
As I was returning home from coffee this morning I passed by a house still with its Biden/Harris yard-sign displayed. Only this sign had stuff like Truth Peace Kindness on it.
I thought to myself: you liberal gentry living in swank houses one block from Green Lake in Seattle have No Idea.
The fact that the bottom 20 percent of Americans get 90 percent of their income from gubmint is Your Fault, liberals. Oh, it's happened for a variety of reasons, but mostly because of the gubmint programs that you have passed over the years. Because You Cared.
The situation, I suggest, is the same as the end of the feudal age when, according to Marx,
A mass of free proletarians was hurled on the labour market by the breaking-up of the bands of feudal retainers, who, as Sir James Steuart well says, “everywhere uselessly filled house and castle.” ...
And the reason, I found out, was because the nationalization of armies by the absolute monarchs meant that the feudal lords didn't need to keep extra hands around in case they needed to go to war on the lord next door.
Look, nothing to see here. All ruling classes use their feudal retainers to support their power plays. If the lower quintile is useful as a vote bank, or useful as street fighters or as the army's cannon fodder, then the ruling class will support the lower class. If the world changes, well then those chappies are going to be "eating the paint off the walls" as they said in Russia right after the end of the Soviet Union.
That's why I say: don't be a Little Darling of the ruling class. Right now they say they looove you. And so they do. But next week? Reasons of state will govern, and if reasons of state say that the old white working class ain't what it used to be, then it's Coi-t'ns (That's "curtains" in standard English) to the white working class. As Bugs Bunny used to say.
Right now, I read, the Biden administration is pushing its big $2 trillion infrastructure bill to Congress -- to "rebuild infrastructure and reshape the economy." Except that half of it seems to be simple redistributive payments, that's not actually going to build anything. Well, of course, because the Democrats are an over-under coalition, with Jobs for Gentry and Checks for the "oppressed peoples." And "reshape the economy?" Oy, I don't like the sound of that. I'll bet it really means "wreck the economy." As in Oops...
That is the game that the left has been playing for the last century, to use the poor as a political weapon, and buy their loyalty with loot and plunder from taxing the productive sector.
And lots of nice liberal ladies are persuaded that this loot and plunder operation is the very essence of justice and peace and kindness. And they will continue to believe what they have been carefully taught right up until the moment that the poor are reduced to eating the paint off the walls.
I tell you what I think Our Great Challenge for the next 20 years will be.
No, it will not be Climate Change. It will not be Systemic Racism. It will simply be getting the bottom 20 percent back into the workaday economy, back to work, back to marriage and children and trying to rise out of the lower class into the competent middle class.
And that ain't simple.