On Monday, April 18, Professor Leon Friedman authored an article titled, “Fixing the Deficit by Getting Help From the Top 1%”, in The Huffington Post.
The latest Congressional compromise on the federal budget reduces funds for police and fire agencies and cuts $600 million from community health care centers. Is there another way to reduce the deficit, rather than depriving the lower and middle classes of necessary government benefits, such as Medicaid and Medicare or educational grants?
Some recent reports show that those at the top of the income and wealth ladder have done extremely well in the last decades. Hardly a day goes by without some economist discussing and analyzing the huge disparity in wealth between the rich and the rest of society.
Read the full article at huffingtonpost.com.