On radio this morning, Glenn played audio of people talking about their 'income inequality' - how they can't pay their bills, they might lose their house, and more. But as Glenn pointed out, that's not really income inequality but rather just sad situations.
"Has everything to do with the policies of this government. Has everything to do quite honestly with the policies of the labor unions that have driven all businesses out," Glenn said.
"The USA's income inequality is about as flat as any ‑‑ it's flatter than Brazil, China or India. China is a communist country. It's supposed to be a straight line like that right across, right? It's not like that at all. The other part about it is you've got the poorest people in America are richer than half of Brazil. Are richer than about 80% of China and are richer than everyone in India as far as percentage terms. Obviously there's a few billionaires here and everything else in every country. But as far as just overall population. You know, you think India would feel good if their income inequality was better when all of it was below our poorest people? Think about that. Who cares how flat your income is when the income sucks! You know, the point is here that even our poorest are treated better and have better lives than most people around the world, about 86% of people around the world. I mean, that is something we should be triumphantly screaming from the top of our mountains as a praise to capitalism. Instead we use it as a critique of it," Stu added.
"What this is is a way to bash capitalism despite the fact that it's been the most successful system in the history of the planet," Pat argued.
"As soon as we find something that is better than capitalism, I'm in. I haven't seen it. It's certainly not communism. It's certainly not socialism. It's none of this stuff," Glenn said.