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Thursday, April 24, 2008

The Wealth Trajectory

Gregory Mankiw writes "Government policy makers do not have the tools to exert such a strong influence over pretax earnings, even if they wanted to" (The Wealth Trajectory, Rewards for the Few, New York Times, SundayBusiness, April 20, 2008: 9).

He is wrong.

The capture of the National Labor Relations Board by right wing ideologues has nearly destroyed the labor movement in this country. As a result, ordinary workers have been unable to claim any share of the increased productivity of the past decade.

It is political choice that has resulted in the increasing gap between rich and poor in this country

Sent to the New York Times

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