Mediaboss Marketing

Published: Thursday, March 27, 2014, 8:55p.m. Updated 6 hours ago

In a March 23, 2014, New York Times editorial, Paul Krugman discusses a hot topic being pushed by progressives and Democrats in the media, on liberal blogs, at union halls, at political rallies and even on the floors of Congress. The topic? Income and wealth inequality.

I wasn't even aware that wealth and income inequality are two different things.

But I learned from Mr. Krugman, winner of the 2008 Nobel Memorial Prize in Economic Sciences, that income inequality is the salary gap between rich and poor. Wealth inequality, I'm paraphrasing here, is excessive income generated from investments and inheritances (non-salary income).

Liberals and progressives, such as Krugman, Nancy Pelosi and President Obama, love this issue. After all, inequality and class warfare go hand in hand. What better way to fire up the base ahead of an election season that looks rather dismal coming on the heels of ObamaCare failures and foreign policy embarrassments?

They portray income and wealth inequality as an issue of fairness. But, I ask, what is fairness?

Of course income inequality exists. Take my story as an example.

I am a reliability engineer by trade. My job is to find and fix problems with products to create happy customers and reduce warranty costs for my company.

The value of my services is probably worth more than those provided by a store clerk or a fast-food worker. But on the flip side, a brain surgeon provides much more value than I do especially to his ill patients.

Job value is, for the most part, directly proportional to salary. More value equals higher wages.

See the article here:

Preserve the American way