A Quote by Andrew Yang
There is, happily, a non-redistributive approach to address income inequality - one that doesn't rely upon government. It's to grow the pie. That is, create more decent jobs that pay more.
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In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
The growing inequality of wealth and income distribution is both a moral and economic problem. If the wealthy are unwilling to pay more taxes, then this is going to lead to spending cuts. And if you put off the table things like national defense, then you're going to end up cutting more and more out of programs that aid the poor. So, I think there are consequences to this idea that tolerance for inequality requires us to - to just do nothing to make the wealthy contribute a higher share of resources to fund the government.
Once politics become a tug-of-war for shares in the income pie, decent government is impossible.
This is what income inequality means in America, and why the gap between the very rich and everyone else is growing wider. According to a recent study, CEO pay is now 295 times more than the pay of a typical worker. In 1965, the differential was 20 times. We must create an economy that works for all, not just the top 1%.
Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable
I think, at the end of the day, you have to reduce friction to businesses, ideally to zero, so that more and more entrepreneurs can create more and more jobs with higher and higher disposable income.
Most employers I speak to, they want to create jobs and give decent salaries. Some small and medium companies say to me they cannot afford to pay the living wage. I say "what about if I gave you a business rate cut?" and they say, yes, ok. We want companies which are skilled up, generating more profit, more corporation tax - we should not be embarrassed at success, as long as they pay their taxes.
Government does not create jobs. It only helps create the conditions that make jobs more or less likely.
Women, as they grow older, rely more and more on cosmetics. Men, as they grow older, rely more and more on a sense of humor.
Experience tells us that we do not need more overspending or higher taxes to grow jobs. We do not need more regulations or more government control - such as the government takeover of health care or the restrictions in domestic energy production.
It seems to me that it's better to allow people to have more spendable income.That helps 'LO stimulate the economy and create more jobs.
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.
There's nothing wrong with the Democratic Party that talks more about - and more loudly about - jobs, and cutting red tape, and bureaucracy, making it easier for entrepreneurs to start jobs, making it easier for businesses to grow and create more jobs. That has historically been the wheelhouse of the Democratic Party.
Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
I think we do not need to send more jobs to low wage countries. I think corporate America has to start investing in this country and create decent paying jobs here.
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