Current Events — HabitableZone

Current Events » in reply to The final nail in the coffin of "trickle-down economics"

So tell me, what are the unemployment rates in Europe?

And how are their other indicators?

http://bp2.blogger.com/_2-oDfgGpQKg/R_Y_xGrGAuI/AAAAAAAABPk/K00V_W2-nV0/s1600/GDP%2Bper%2Bcapita.jpg


The red circles approximately indicate recessions.

I don't see why I should pay any more or less attention to the output of the Economic Policy Institute ("Research for Broadly Shared Prosperity"), which is listed even in the news article as a "liberal think tank," than others here would pay to something I quoted from the Heritage Foundation. Just making a point.

The original report is here.

Their solutions (not surprisingly):

• Raise, and index, the minimum wage.

• Improve the unemployment insurance system.

• Make state tax systems more progressive.

• Strengthen the social safety net.

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