Wednesday, April 9, 2008

For Many, a Boom That Wasn't

http://mobile.nytimes.com/article?a=154427&f=19

Aside from the little quip about none of the presidential candidates taking the growth of inequality 'seriously' - I think you could say that about mccain's policy propsals, but both clinton and obama have each spent the past year talking about health care, education, the tax code, and revitalizing the middle class - I would associate myself with most everything in this whine.

Where I see myself differing is in what is not said. Solutions. Telling Washington politicians they need to be serious is not a solution (and callously throwing around the word strategy by itself doesn't count either). To be worthwhile you have to say WHY health care is getting more expensive while outcomes are worsening and HOW serious people might fix it. Saying the tax code is tilting towards the rich doesn't do anything; educating people that the reduced capital gains tax only helps those with capital does.

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