Wealth Accumulation by the Few -- Good or Bad?

Many politicians talk about the disparity in earnings between "the few at the top" and "the rest" like this is something to be "fixed." They then create confiscatory tax regulations that attempt to "equal things out."

I spoke at Christopher  Newport University recently and talked about what it takes to be successful in America. I pointed out that the 80/20 rule applies to income earners (producers) and no amount of political shananigans (short of 100% socialism) will ever change that.

I followed up that talk with a short article about income disparity in America.