Emptywheel has highlighted a series of articles that I agree needs more discussion.
From Emptywheel:
Tim Noah’s great series on the causes of income inequality got a lot less attention during its second week than its first week. So I thought it worthwhile to focus on what he concluded was causing the dangerous new income inequality in America.
Here’s how he described the relative importance of each of the causes of income inequality he looked at:
Here is a back-of-the-envelope calculation, an admittedly crude composite of my discussions with and reading of the various economists and political scientists cited thus far:
- Race and gender are responsible for none of it, and single parenthood is responsible for virtually none of it.
- Immigration is responsible for 5 percent.
- The imagined uniqueness of computers as a transformative technology is responsible for none of it.
- Tax policy is responsible for 5 percent.
- The decline of labor is responsible for 20 percent.
- Trade is responsible for 10 percent.
- Wall Street and corporate boards’ pampering of the Stinking Rich is responsible for 30 percent.
- Various failures in our education system are responsible for 30 percent.
Most of these factors reflect at least in part things the federal government did or failed to do. Immigration is regulated, at least in theory, by the federal government. Tax policy is determined by the federal government. The decline of labor is in large part the doing of the federal government. Trade levels are regulated by the federal government. Government rules concerning finance and executive compensation help determine the quantity of cash that the Stinking Rich take home. Education is affected by government at the local, state, and (increasingly) federal levels. In a broad sense, then, we all created the Great Divergence, because in a democracy, the government is us.
Here’s Noah’s installment on executive pay, in which he argues that things like technology make it easier for entertainers and top execs to maximize their pay, while deregulation allowed the banksters to command huge salaries.
And here’s the one on educational problems. Largely, Noah describes, the problem is that K-12 education isn’t preparing students as well for today’s job market as it used to. In addition, between college costs and the removal of incentives (like the draft) to stay in school, educational attainment stalled for a number of years. As a result, the value of a college education is much greater, so those without a degree do worse by comparison.
I don't think that these articles really stress the constant pressure that conservatives have put on government to cut taxes. The pressure directly impacts our schools. (more later)









Dr Thompson wrote:"It is the truth"No, it is your opinion that these people 'make too much'.You are completely unable to define how much is 'too much' for them to make.You pretend that you have referenced 'the truth' like it is some universally acknowledged standard instead of your subjective opinion.Go ahead, tell me how much income is 'too much'.If you tell me "1 million dollars" , then my question is "how come $999,999 income is ok, but 1 dollar more is too much"You can't begin to defend your notion that these people 'make too much' because you won't even say how much that is.And then you need to explain why it's your business, since it's not money.If someone's boss feels like they are worth $10,000, then that's how much he should pay him. If he feels like the employee is worth $10,000,000,000 then why can he not pay him that without you getting all covetous and self righteous about it? Why is it evil for the employer to do what he wants with his own money?You need to figure out the difference between 'the truth' and your opinion and give the envy train a rest, Dr Thompson.You have no business telling an employer how to spend their money, and the govt has no business telling individuals how they must spend theirs.Liberals claim they want to let people alone to live their lives freely, but your actions show the opposite.
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