John Maenpaa

@ritchiepage2001

Christian/Patriot/Libertarian-Socialist and I support: AFL-CIO & IWW & ACLU & Occupy & Declaration Of Independence & Constitution #union #iww #WIUnion #occupy

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#teaparty #union #iww #occupy #ows #p2 #p21 #tlot #tcot 

Why Inequality Matters—or Why Joseph Stiglitz Hits It and Paul Krugman Misses 

http://www.aflcio.org/Blog/Economy/Why-Inequality-Matters-or-Why-Joseph-Stiglitz-Hits-It-and-Paul-Krugman-Misses 

With the Super Bowl just ending, fantasy football fans will have to wait until next season to ponder the success of Russell Wilson. But it turns out there is a fantasy league for economists. So sorry to those of you with Paul Krugman on your team, because I am siding with Joseph Stiglitz in his argument that income inequality is slowing the recovery.

Both Stiglitz and Krugman are Nobel laureates in economics. Both agree that inequality hurts the economy in the long run, mostly because in a market-based economy, high levels of income inequality lead to too many very talented and smart poor children being trapped by low income out of the investments in their schooling, enriching life experiences and opportunities to become the scientists, engineers, doctors and leaders we need to grow as a nation...

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173 days ago

#teaparty #union #iww #occupy #ows #p2 #p21 #tlot #tcot

Why Inequality Matters—or Why Joseph Stiglitz Hits It and Paul Krugman Misses

http://www.aflcio.org/Blog/Economy/Why-Inequality-Matters-or-Why-Joseph-Stiglitz-Hits-It-and-Paul-Krugman-Misses

With the Super Bowl just ending, fantasy football fans will have to wait until next season to ponder the success of Russell Wilson. But it turns out there is a fantasy league for economists. So sorry to those of you with Paul Krugman on your team, because I am siding with Joseph Stiglitz in his argument that income inequality is slowing the recovery.

Both Stiglitz and Krugman are Nobel laureates in economics. Both agree that inequality hurts the economy in the long run, mostly because in a market-based economy, high levels of income inequality lead to too many very talented and smart poor children being trapped by low income out of the investments in their schooling, enriching life experiences and opportunities to become the scientists, engineers, doctors and leaders we need to grow as a nation...

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