Tuesday, January 14, 2014

John Goodman on Myths About Income Inequality

Article Link

From the article:

Myth #1: Income for the average family has stagnated over the past 30 years.
Myth #2: People at the bottom of the income ladder are there through no fault of their own.
Myth #3: Government transfer programs, like unemployment insurance, are an effective remedy.
Myth#4: Raising the minimum wage is an effective remedy.
Myth #5: Income is the best measure of wellbeing.  
 
Source: J, "Five Myths About Inequality," The Independent Review,

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