It seems that Jeff Jacoby, in his Jan. 29 op-ed (“Income gap? Not many are worried”), is overlooking where the problems that plague the country are rooted. He cites surveys that find that people are more worried about the failings of the federal government, the overall state of the economy, unemployment, and health care than they are about income inequality. While it’s true that these are real issues, Jacoby uses these results to diminish the importance of an ever-growing income gap.
What he fails to note, however, is that all of these problems stem from an unbalanced financial system. An extreme concentration of wealth is a chief issue in the corruption of our democratic system. This corrupted system leads to policy decisions, and indecisions, that stall the overall economy largely through unemployment and underemployment and a broken health care system.
To suggest that the income gap is not inexorably tied to these other problems is misguided, to say the least. We are past the days of masking symptoms with Band-Aids. The entire system must be taken into account when attempting to rework the status quo.