Pauls' Revere
06-16-2015, 06:55 PM
http://finance.yahoo.com/news/if-hillary-clinton-wants-to-fix-income-inequality--here-s-how-to-do-it-182338055.html#
While leaving specific proposals till later, Clinton vowed to boost middle-class incomes and reduce income inequality, which has been worsening for roughly 35 years. Expect that to be a familiar theme among all the 2016 presidential candidates, from Jeb Bush to Bernie Sanders, since Americans continue to say economic issues such as unemployment and stagnant wages are the nation's biggest problem. The growing gap between rich and poor obviously isn’t new. But it now seems apparent that much of the middle class remains worse off than before the recession that began in 2007. That could become a decade-long decline in middle-class living standards by the time the next president takes office -- an unprecedented economic slump.
There are many ideas for how to reduce income inequality, and while none is exactly proven, there is a form of consensus on measures likely to be most effective. They include:
* Education and training programs that help people develop the skills most needed by employers.
* Tax reform that would lower rates on businesses, close loopholes and make the tax system leaner and more efficient.
* Public-private infrastructure programs that would invest more in roads and bridges while leveraging private-sector know-how to prioritize projects and assure they run efficiently.
* Better access to education, especially for underprivileged kids, including programs to make college more affordable.
* Streamlined regulations for businesses and especially for startups, which would make it easier for companies to expand, hire and thrive.
* Trade deals that open more foreign markets to U.S. products and services while protecting Americans who might be harmed if jobs move overseas.
Create the problem, react to it, have a solution and be the hero. I can't take this country anymore.
While leaving specific proposals till later, Clinton vowed to boost middle-class incomes and reduce income inequality, which has been worsening for roughly 35 years. Expect that to be a familiar theme among all the 2016 presidential candidates, from Jeb Bush to Bernie Sanders, since Americans continue to say economic issues such as unemployment and stagnant wages are the nation's biggest problem. The growing gap between rich and poor obviously isn’t new. But it now seems apparent that much of the middle class remains worse off than before the recession that began in 2007. That could become a decade-long decline in middle-class living standards by the time the next president takes office -- an unprecedented economic slump.
There are many ideas for how to reduce income inequality, and while none is exactly proven, there is a form of consensus on measures likely to be most effective. They include:
* Education and training programs that help people develop the skills most needed by employers.
* Tax reform that would lower rates on businesses, close loopholes and make the tax system leaner and more efficient.
* Public-private infrastructure programs that would invest more in roads and bridges while leveraging private-sector know-how to prioritize projects and assure they run efficiently.
* Better access to education, especially for underprivileged kids, including programs to make college more affordable.
* Streamlined regulations for businesses and especially for startups, which would make it easier for companies to expand, hire and thrive.
* Trade deals that open more foreign markets to U.S. products and services while protecting Americans who might be harmed if jobs move overseas.
Create the problem, react to it, have a solution and be the hero. I can't take this country anymore.