The problem lies with Barack Obama\u2019s solutions, which are too timid and reliant on left-wing rostrums, such as a big increase in the minimum wage and more spending. He lambasts a tax code that benefits \u201cspecial interests\u201d, but has not pushed for tax reform. He wants to invest more in the poor, but has shown no appetite to overhaul America\u2019s welfare state, many elements of which\u2014from disability insurance that discourages work to ineffective training schemes\u2014do nothing to boost economic opportunity, and often undermine it.<\/p>\n
If he wants to counter America\u2019s economic stratification rather than just rail against it, Mr Obama needs to think again. He must get tougher with the Democrats in Congress, who see any reform of social spending as an attack on the poor. And he must reach out to the handful of prominent Republicans who have moved beyond their party\u2019s stale mantra that tax cuts are the answer to all ills, and produced clever proposals to help the working poor and reform the tax code. This year\u2019s budget, due to be unveiled on March 4th, would be a good place to start. \u00a0Where to Start to Help the Poor and Encourage the Rich to Pay In<\/a> The problem lies with Barack Obama\u2019s solutions, which are too timid and reliant on left-wing rostrums, such as a big increase in the minimum wage and more spending. He lambasts a tax code that benefits \u201cspecial interests\u201d, but has not … Continue reading
\n<\/strong><\/p>\n![\"Closing](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Closing-the-Income-Gap-251x300.jpg\")
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