Daily Clips: September 23rd, 2016
Can a modest proposal to keep guns from troubled family members pass? An initiative aims to find out: Initiative 1491 will be on the ballot in Washington State this November and it concerns Extreme Risk Protection Orders. As this well-written piece from Spokane points out, “Might extreme risk protection orders be on more hurdle between the plotting and the shooting? it’s hard to see a reason – a real one, anyway – that we wouldn’t try.”
It’s probably not surprising, then, that the 10 states with the biggest jumps in the top 1 percent share from 1979 to 2007 were the states with the largest financial service sectors, according to the Economic Policy Institute analysis.
David Brooks should, once again, be ashamed of his column: He bitches about Clinton (again), making the point that she is not in-tune with today’s world. He claims, “Trump is egregious, but at least he’s living in the 21st century…”
Try telling that to African Americans or women or immigrants, David.
Conclusion: Discrimination doesn’t pay. Although Becker wasn’t right when he claimed that competition would quickly drive all discrimination out of the market, he was right that bigotry represents an albatross around a company’s neck. Businesses can’t afford to let their gender and racial prejudices get in the way of rational economic decisions.
Tweet of the day:
If tax cuts were the magic potion for wage and income growth would we not remember George W. Bush as the prosperity president?
— Larry Mishel (@LarryMishel) September 23, 2016