Saturday, August 22, 2009

Margaret Thatcher on the Gap Between Rich and Poor | Axis of Right

Margaret Thatcher on the Gap Between Rich and Poor | Axis of Right:

I’ve always wondered why liberals were fascinated with the gap between rich and poor as a measure of prosperity. On its face, such a measure is nothing more than comparing apples to oranges. Every logical person knows that a more accurate method of measuring prosperity within an income bracket is to compare that income bracket’s situation at a point in the past with that same income bracket’s situation in the present. Focusing on what someone else has says nothing of one’s own situation. Margaret Thatcher always knew that."

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