From the Sacramento Bee - January 28 - 1)The gap between rich and poor in the United States appears to be rising again because of globalization and other market forces that are limiting wage gains for low-and middle-income workers, according to a 50-state study released Thursday.
2) The Center on Budget and Policy Priorities and the Economic Policy Institute both criticized the massive federal tax cuts championed by President Bush as overly tilted toward the affluent.
This kind of nonsense is reported as news - but here is the clincher line - Elizabeth McNichol, an analyst at the Center on Budget and Policy Priorities, said states could raise or establish minimum wages, upgrade unemployment insurance systems, strengthen safety-net systems for the poor and adjust often-regressive tax systems to lighten tax burdens on the poor.
One wonders whether there is an agenda here in this supposed research. Cafe Hayek did a great job at pointing out the advocacy in this "research".
Friday, January 27, 2006
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