Friday, November 18, 2011

Paul Ryan’s Solution to Inequality Helps the Rich, Does Nothing for Poor

Greg Sargent writes Paul Ryan’s solution to inequality helps the rich, does nothing for poor

"Since Ryan has a widespread reputation as a serious fiscal thinker, I thought I’d ask Tim Smeeding, an expert on inequality at the University of Wisconsin, to evaluate his report. Smeeding’s verdict: Ryan’s effort is only “half serious,” fails to prove its argument about inequality, and doesn’t offer any policy prescriptions that would fix the problem as Ryan himself defines it."

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