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Why tax cuts for rich solve nothing
News, Joseph Stiglitz, Published on 01/08/2017
» Although America's right-wing plutocrats may disagree about how to rank the country's major problems -- for example, inequality, slow growth, low productivity, opioid addiction, poor schools, and deteriorating infrastructure -- the solution is always the same: lower taxes and deregulation, to "incentivise" investors and "free up" the economy. President Donald Trump is counting on this package to make America great again.
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Actions last year ensure more perils in 2012
News, Joseph Stiglitz, Published on 17/01/2012
» Last year 2011 will be remembered as the time when many ever-optimistic Americans began to give up hope. President John F Kennedy once said that a rising tide lifts all boats. But now, in the receding ebb, Americans are beginning to see not only that those with taller masts had been lifted far higher, but also that many of the smaller boats had been dashed to pieces in their wake.
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