There are many things enacted that started in the early 1970s that lead to this great reversal of income. But in the 1980s it really went into hyper drive. But, she added, “this trickle-down mechanism never quite trickles down far enough to create job opportunities for all individuals willing and able to work.” She would prefer forms of fiscal stimulus that focus more directly on employing workers, especially at the lower end of the economic ladder. “The manpower of the poor and the unemployed can be mobilized for the public purpose irrespective of their skill level, which in turn will be upgraded by the very work experience and educational programs that the program would offer,” she writes. When supply side and neo-liberal policies go into hyper drive: nytimes/2014/09/27/upshot/the-benefits-of-economic-expansions-are-increasingly-going-to-the-richest-americans.html?_r=0&abt=0002&abg=0
Posted on: Fri, 26 Sep 2014 20:06:56 +0000