The hard Right have transitioned seamlessly from the fight to thwart action on climate change to their even more desperate rear guard effort to defend inequality from nasty, money-grubbing reformers.
Well, Movement Conservatives, have just lost a potential ally, the International Monetary Fund. The IMF has just released a report that undermines every Rightwing Shibboleth on the perils of reversing inequality.
...in what is likely to be viewed as its most controversial conclusion, the IMF said analysis of various efforts to redistribute incomes showed they had a neutral effect on GDP growth. This last point is expected to dismay rightwing politicians who argue that overcoming inequality robs the rich of incentives to invest and the poor of incentives to work and is counter-productive.
The paper, written by Jonathan Ostry, the deputy head of the IMF's research department, and the economists Andrew Berg and Charalambos Tsangarides, comes after several years of heated debate over the path that developed and developing countries' economies have taken since the financial crash and whether their recoveries are sustainable.
Anti-poverty charity Oxfam welcomed the report, saying it shows "extreme inequality is damaging not only because it is morally unacceptable, but it's bad economics".
It added: "The IMF has debunked the old myth that redistribution is bad for growth and demolished the case for austerity. That redistribution efforts -essential to fight inequality- are good for growth is a welcome finding. Low tax and low public spending are clearly not the route to prosperity."