The comparative benefits of the economies of the 80's and 90's has been widely discussed on this List. This slate.com article covers a new paper from the Federal Reserve which suggests that income mobility decreased from the '80s to the '90's.
http://slate.msn.com/id/2084816/ "Keep in mind that inequality rose and mobility decreased in the 1990s, when taxes were raised on the wealthiest." Of course, this is exactly what conservatives would predict happens when you raise taxes on the rich.... Somehow the author of this Slate article manages to neglect an obvious possible conclusion here (not that his conclusion is necessary wrong - just that the neglect of a very obvious possible conclusion is a serious flaw in the article.) JDG _______________________________________________________ John D. Giorgis - [EMAIL PROTECTED] "The liberty we prize is not America's gift to the world, it is God's gift to humanity." - George W. Bush 1/29/03 _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
