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Unformatted text preview: Until 1930sUS attitude was you take care of yourself o Westward expansion o Changed with the New Deal (FDR) Redistribution of income 55% of taxes paid by 5% of population Some pay NO taxes Social security and medicare are not based on wealth they are based on age Welfare programs do not encourage social mobilityif the government is taking care of them why should they get a better job o Welfare reform of 1996=success Milton Freedmans Negative Income Tax sold to Patrick Moynahan o If you have a job and low income then the government will supplement your income with a negative income tax Must work 20 hours/week Emphasized training to promote social mobility o New approach: lets not subsidize failure!...
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