Some links

on .

Mark Perry explains the demographics that drive income inequality.  An excerpt:

"The good news is that the key demographic factors that explain differences in household income are not fixed over our lifetimes, which means that individuals and households are not destined to remain in a single income quintile forever.  Fortunately, evidence shows that individuals and households move up and down the income quintiles over their lifetimes as the key demographic variables highlighted above change."

David Blackmon exposes the truth about 'subsidies' for Big Oil.  The fact is oil and gas producers don't receive subsidies, despite the persistent rhetoric by some politicians. 

Scott Grannis with some excellent insight on public debt.

John Adams has a great synopsis of the issue that is sure to haunt Senator Baucus through his reelection bid next year.