The Myth Of American Inequality Av Phil Gramm, Robert Ekelund, John Early

Everything you know about income inequality, poverty, and other measures of economic well-being in America is wrong. In this provocative book, a former United States senator, eminent economist, and a former senior leader at the Bureau of Labor Statistics challenge the prevailing consensus that income inequality is a growing threat to American society. By taking readers on a deep dive into the way government measures economic well-being, they show that the assumptions dramatically undercount income. Getting the facts straight shows that every measure of well-being is greater than the official statistics of the country would lead us to believe. Income inequality is lower today than at any time in post- World War II America. The facts reveal a very different and better America than the one that is currently described by advocates across much of the political spectrum. The Myths of American Inequality shows that the dream of American prosperity is very much alive.