Politics

Out of context: Reply #11496

  • Started
  • Last post
  • 33,770 Responses
  • luckyorphan0

    In Health Bill, Obama Attacks Wealth Inequality
    By David Leonhardt

    http://www.nytimes.com/2010/03/2…

    "For all the political and economic uncertainties about health reform, at least one thing seems clear: The bill that President Obama signed on Tuesday is the federal government’s biggest attack on economic inequality since inequality began rising more than three decades ago."

    "Over most of that period, government policy and market forces have been moving in the same direction, both increasing inequality. The pretax incomes of the wealthy have soared since the late 1970s, while their tax rates have fallen more than rates for the middle class and poor."

    "Nearly every major aspect of the health bill pushes in the other direction."

View thread