Monday, October 14, 2013

Broken American Dream, New Normal

America’s Broken Dream by Carol Graham - Project Syndicate: " . . . Reducing inequality will require long-term, comprehensive solutions, such as fiscal-policy reforms that reward public investment in health and education without adding disincentives to an already cumbersome tax code. But pursuing such measures requires significant political will, which the US seems to be lacking. Indeed, given political paralysis at the national level, initiating a constructive debate about an issue as divisive and consequential as inequality will depend largely on the American public. If more people recognized the constraints that inequality places on their future prospects, they would be likely to press policymakers to confront it. . . . " (read more at link above)

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