Re:Are liberals on the wrong side of history
by dragonwriter on Monday April 10, 2017 @11:42PM
(#14084668)
> Real income hasn't risen for the median worker in over a decade.
Pretty sure it's closer to four decades.
> Nobody knows how to fix this.
Everyone who knows even a little about fiscal policy and it's effect on distribution of gains in the economy knows how to fix it, which is the mirror image of how it was achieved (reduce the degree of additional taxation imposed specifically on both paying and recieving wages, which discourages employment and reduces the returns that are retained by those who are employed.)
That an insufficient number of people choose to act on that knowledge is not because the knowledge is missing, it's because people in power want to preserve the result you seem to view as problematic.
Pretty sure it's closer to four decades.
> Nobody knows how to fix this.
Everyone who knows even a little about fiscal policy and it's effect on distribution of gains in the economy knows how to fix it, which is the mirror image of how it was achieved (reduce the degree of additional taxation imposed specifically on both paying and recieving wages, which discourages employment and reduces the returns that are retained by those who are employed.)
That an insufficient number of people choose to act on that knowledge is not because the knowledge is missing, it's because people in power want to preserve the result you seem to view as problematic.