[Editor's Note: Better men than we have already picked apart the specifics of Ms. Warren's fallacy-laden (and now e-legendary) chat of September 18, 2011 For a fine exposition of the same, see Rich Lowry's "Elizabeth Warren's Piffle", National Review Online, September 23, 2011.]
There is nobody in this country who got rich on his own. Nobody...You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did... Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along. -Elizabeth Warren, September 2011.
The Republicans say, "This is class warfare." The Democrats say, "No it isn't."
Indeed, this is not "class warfare" on the part of the Democrats. Rather, it is Leftist economic ignorance borne of an infantile worldview, an irrationality which borders on the doctrinaire.
Furthermore, it has been fashionable for some time to speak of the "widening gap between rich and poor" as being synonymous with increasing poverty rates, even being the cause of poverty itself. It is neither of those things.
We have all been taught (or should have been taught) that correlation neither proves nor implies causation.