Friday, December 6, 2013

Just How Bad Is Income Inequality? | National Catholic Reporter

Just How Bad Is Income Inequality? | National Catholic Reporter by MSW.  MGB: This has nothing to do with support for women's health issues and everything to do with Republican obstructionism - although Obama probably should have let taxes go up for the upper middle class as well as the wealthy.  What is really hurting is Republican obstruction to putting in Obama appointments that will let action go forth in the area of union rights - a problem recently solved by the exercising of the nuclear option.  A lot of the continuation of the Great Recession came about because Obama was scared out of doing something for underwater mortgage borrowers.  Had he not taken the advice of Larry Summers and done something when it would have made a differece, inequality would have moved just a bit in the other direction.  He still has time.

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