But the mere existence of income inequality tells us little about what, if anything, should be done about it.

Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.

Income inequality has been increasing, according to standard statistics, yet most Americans do not seem perturbed by it.

Studies of U.S. wage and income inequality since 1980 have engendered the common wisdom that the rich are getting richer and the poor are getting poorer. But is it really that simple?

Without a robust recovery to trumpet, the president is betting his reelection on class warfare — focusing on “income inequality” and “fairness.” Class warfare is not a winning strategy, but it is the only card Obama has to play. That’s the good news for Republicans. The bad news is: Right now, the GOP is blowing it.

Marc Thiessen explains why Republicans are losing the class warfare fight by not going on the offensive against President Obama and his attacks.