R.R. Reno on income inequality :
Sometimes the editors at the New York Times get it right, even when they’re wrong. In a May 26 editorial they opined that Democratic attacks on Mitt Romney’s career as head of Bain Capital are fair game: “Private equity, rarely by design, has created many jobs. But the practice of leveraged buyouts, in which Bain was a big player, has also contributed significantly to the growth of the income gap, moving wealth from the middle class to the top end.”
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