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My stock conservative answer is, "I am concerned that there be equality of opportunity but not that there be equality of outcome." But that isn't really true. I
by pmdulaney 6y ago
My stock conservative answer is, "I am concerned that there be equality of opportunity but not that there be equality of outcome." But that isn't really true. I am concerned about income inequality to the extent that it shows that the economy is broken to some extent.
I am not an economist, but it seems to me there do need to be some levers that can rebalance the system more in favor of labor, as opposed to capital. That would perhaps include the strengthening of labor unions, more taxpayer support of public universities, more skilled labor apprenticeship programs. Maybe then young people would be able to own homes without working multiple jobs.