The Social Contract 2011
New statistics were released last week by the U.S. Census Bureau show that the number of Americans living in poverty has reached a 52-year high. This is the backdrop for Economist Paul Krugman's New York Times column this week rejecting claims of "class warfare" by those who refuse to consider even the slightest increase in marginal tax rates for the wealthiest in this country. It is a well worth reading and discussing and includes a couple of significant references to the "Social Contract," which we've been discussing in our government classes for almost two weeks now.
Krugman includes this quote from from former financial regulator and U.S. Senate Candidate Elizabeth Warren
Krugman includes this quote from from former financial regulator and U.S. Senate Candidate Elizabeth Warren
