Income Inequality

The Washington Free Beacon has a post up titled Wealth of Congressional Democrats Spikes Despite Income Inequality Agenda. (H/T, Instapundit, who points out that they misspelled because of.)

The individual median wealth for congressional members in 2014 hovered around the $1.1 million mark—a jump of 6.7 percent from 2013. According to the most recently available numbers, the wealth of American households, by comparison, sat at $56,335 in 2013, meaning that one member’s net worth is equal to that of 19.5 households.

Read the whole thing.

Obama, Carter, and Hollow Presidencies

Do you remember back in 2008/2009 when it was said that Obama’s presidency would be like Jimmy Carter’s second term?

Dan Balz, WaPo

When President Obama was elected in 2008, his victory signaled a generational change and the prospect of renewal for the Democratic Party. Instead, the opposite has occurred. Over the past six years, the party has been hollowed out.

You may also remember that some of us said that Carter’s second term was a best case scenario.