Progressives obsess over income inequality. Part of their obsession is their insistence that their preferred policies – including minimum wage hikes and expanded government welfare programs – is the only means to reduce such inequality. Unsurprisingly, research shows that on this matter, progressive policies fail yet again to even accomplish this goal.
From the Wall Street Journal:
The income gap between rich and poor tends to be wider in blue states than in red states. Our state-by-state analysis finds that the more liberal states whose policies are supposed to promote fairness have a bigger gap between higher and lower incomes than do states that have more conservative, pro-growth policies.
The three places that are most unequal—Washington, D.C., New York and Connecticut—are dominated by liberal policies and politicians. Four of the five states with the lowest Gini coefficients—Wyoming, Alaska, Utah and New Hampshire—are generally red states.
So not only do progressive economic policies make everyone worse off, they also fail to even accomplish the misguided goal of forcibly equalizing incomes.