Spreading the Wealth Around

This chart from Scott Lilly’s column puts conservative strictures against “spreading the wealth around” in its proper context:

Similarly, when you hear about the evils of EFCA recall that when unionization rates were higher in the first half of the postwar era, overall economic growth was stronger and distributed more equally. But declining rates of unionization have helped create a situation where the richest get most of the pie and there’s less overall pie. Which is fine if you own houses and/or a $150,000 wardrobe but the rest of us would benefit if the wealth was spread around a bit more.