[FoRK] A choice of nightmares

Christopher Herot cherot at herot.com
Sun Aug 31 17:54:07 PDT 2008

The conventional wisdom seems to be that under the Democrats we might get more equitable income distribution but this will come at the expense of economic growth.  However, an article in today’s New York Times by Alan Blinder, former Vice Chairman of the Federal Reserve, points out that since 1948, income growth has actually been higher under Democratic presidents.


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