Loosing your job makes your income as unequal as it can get. Get the economy to grow again, and hiring will pick up. Just giving jobs to the unemployed will do more to reduce income inequality than anything else anyone can do.
Bernie Saunders is whining about income inequality but doesn't say what he plans to do about it. I bet Bernie wants to pass a soak the rich tax. It will punish people he dislikes, and give him more money to spend on free stuff.
I think we would do more good by getting the economy growing again. Build Keystone XL pipeline. Reform corporate taxes to complete with the rest of the world. Right now US tax is far higher than places like Britain, Mexico, Canada, and others. US companies are just picking up stakes and moving overseas to get themselves a solid tax break. Permit export of US crude oil, and in fact everything except maybe nuclear weapons. Lease federal land for oil exploration. Stop raiding places like Gibson Guitar on trumped up charges. Drop the war on coal. Sort out Wall St deals between investment for economic growth and plain old gambling. Tax the bejesus out of the gambling deals. Repeal all federal regulations passed over the last few years.
No comments:
Post a Comment