Those who make sense versus those who don't
Greg Mankiw and Arthur C. Brooks in the WSJ define the argument as one between conservatives and liberals. I'm not so sure. While I don't agree that all conservatives and liberals think in those defined boxes, I prefer to define the debate between those who deal in facts and reason and those who don't While just about everybody -- left and right -- agrees that poverty is unacceptable (although policy makers disagree as to whether a minimum wage hike would help or hurt the working poor), conservatives do not share liberals' concern about income inequality. According to the 2005 Maxwell Poll on Civic Engagement and Inequality, self-described liberals are more than twice as likely as conservatives to say income inequality in America is a "serious problem." And while 84% of liberals think the government should do more to reduce inequality, only 25% of conservatives agree.
Yep, that just about explains it.
This is empirical substantiation for the old cliché that conservatives just don't care about the poor, right? Wrong. In fact, the data do not tell us that conservatives are uncaring; they actually tell us that conservatives are optimists. Conservatives are relatively untroubled by inequality, and unsupportive of government income redistribution, because they believe the American economy provides private opportunities to succeed. Liberals are far more pessimistic than conservatives about the possibility of a better future for Americans of modest means.
Consider the evidence. While 92% of conservatives believe that hard work and perseverance can help a person overcome disadvantage, only 65% of liberals think so. This difference of opinion, contrary to the convention, is not because conservatives earn more money. In fact, lower-income conservatives are about twice as likely as upper-income liberals to say they think there's "a lot" of upward mobility in America. If a liberal and a conservative are exactly identical in income, education, sex, family situation, and race, the conservative will be 20 percentage points more likely than the liberal to say that hard work leads to success among the disadvantaged.
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