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The Poverty Hype

by Walter E. Williams

The psychology of victimhood and the politics of envy are powerful political tools and we see them being exploited this political season. Politicians telling Americans how bad off we are reminds me of one of Aesop's Fables where a dog was carrying a piece of meat across a bridge. Looking down into the river, he saw his shadow, which appeared to him as another dog carrying a larger piece of meat. Attacking the "other" dog, he dropped his piece of meat into the river and it was gone f ...

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Posted by: Eric Jensen
Comment: #1
Wed Apr 2, 2008 9:30 AM

Walter, Very good analysis. I always agree with everything you say. The other day a democrat and I were discussing politics. He said "the reason I am a democrat is because I care about the poor." I told him 2 things. First I said I became a conservative because I care about the poor. Next I told him that if democrats win more elections, he will have a lot more people to care about. Their principles of economics state that if 20% are "poor", then we will all be poor. One thing is for sure, there won't be envy because nobody will have anything. Eric E. Jensen Dalton, GA

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