Another idea to solve income inequality: government subsidies
Paul Sancya, Associated Press
Minimum wage may not be the only answer to solve income inequality.
Edward Glaeser, a columnist for The Boston Globe, recently wrote that government subsidies — where the government would give money to companies that are hiring low-wage workers — might be the best solution to solving the problems for those making minimum wage.
“Raising the minimum wage isn’t necessarily wrongheaded,” Glaeser wrote. “But if we want a better way to reduce inequality and raise earnings for the least fortunate Americans, targeted tax credits and government subsidies are a more creative, fair, and effective course.”
- Dave Ramsey says: Don't leave an estate with...
- The 10 most livable small towns
- Does getting married really increase wealth...
- Closet clutter: How having fewer,...
- Most American high schoolers don't know how...
- Balancing act: Survey says lack of balance,...
- Z'Tejas closing after 13 years at The Gateway
- Sneaky tricks restaurants use to make you...
- Most American high schoolers don't know... 13
- Dave Ramsey says: Don't leave an estate... 7
- Balancing act: Survey says lack of... 4
- Consumers are padding their checking... 2
- Sneaky tricks restaurants use to make... 2
- Teen drivers hike Utah car insurance 89... 2
- Before you head off on your vacation,... 2
- Closet clutter: How having fewer,... 1