Saturday, February 1, 2014

Right-Wing Media: Low-Income Americans Are Inheriting Too Much, Working Too Little

Right-Wing Media Take BLS Study Out Of Context

Blog ››› ››› BRIAN POWELL 

A new right-wing media narrative is brandishing out-of-context statistics on inherited wealth to argue that lower-income Americans are disproportionately benefiting from inherited wealth transfers, unlike the wealthiest Americans who earn their wealth with hard work.

As a national dialogue heats up over the problem of global and domestic income inequality, Fox News, Rush Limbaugh, and others are rushing to the defense of the wealthiest Americans by claiming that low-income Americans simply don't work as hard as their wealthy peers. As evidence, the conservative outlets are pointing to a Bureau of Labor Statistics (BLS) study showing top income brackets inherit a smaller percentage of their wealth than do lower income Americans, a finding that, according to National Review's Kevin Williamson, proves that rich Americans "work more -- a lot more."
 

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