“Largely a statistical artifact and mostly a myth”

That from St. Lawrence University economist Steven G. Horwitz on the notion that the rich are getting richer and the poor are getting poorer.

What follows has been around for a while apparently (it was uploaded in February of this year) but I had not seen it before and it seems especially timely now given all the attention being garnered by the Occupy Wall Street looney birds.

If this is accurate, and I see no reason at this point to find it less than credible, then there are alot of seriously misguided people being led down a very crooked path:

H/T to Tom Elia.

Hold your breath, cause I'ma hold my nose
More Hope for our Posterity