Maybe Income Inequality Isn’t That Bad?

In late 2013, President Obama called income inequality “the defining challenge of our time.”  Given his (and other members of the Left’s) near constant rallying against income inequality, I was quite shocked to find today the president not only endorsing but promoting income inequality.  By actively subsidizing programs that will “place 50,000 graduates into high-paying jobs,” the President is actively taking steps that will increase income inequality in America, not only by getting workers into higher-paying jobs (thus naturally increasing income inequality), but subsidizing it, which acts as a wealth transfer from the relatively poor (those who pay taxes not in those jobs) to the relatively richer (those who now will have those jobs).

Let’s forget about the wealth transfer here and allow me to ask Mr Obama a question: if income inequality is really so bad, why institute programs that will increase it?