We Can't Grow Our Way Out Of Income Inequality.: It's Baked In The Plutocratic Cake
"The shocking level of income inequality in this country has set off alarms that grow louder by the day, but little seems to be underway to reverse the trend....We can't grow our way out of this obscenity. It's a barrier to growth. We must forthrightly address the issue with policy prescriptions. The I.M.F.'s list includes things like means-testing benefit programs, improving access to higher education and health care for the less well off, and 'implementing progressive personal income tax rate structures" while "reducing regressive tax exemptions.' Surely we can figure out how to fix this. We just don't have the political will to do so." Charles Blow in The New York Times
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