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Unformatted text preview: o He believes that it would be a disaster to attempt to start the economy from scratch-He doesnt think that the poor can be helped from transfer payments (taxes) o The only way that we can help the poor is to provide them with more opportunities to succeed-You do not make the poor rich by making the rich poor Abraham Lincoln Brief Discussion Afterwards-Over a 30 year period the wealth of the top 15% of wage earners grew by 300% while the bottom 1/5 made the same amount over the same period of time-What determines what the high value occupations (doctors, scientists, lawyers) make? o Conservative beliefs need a huge carrot at the top to provide the motivation to occupy high value/stress/work jobs...
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This note was uploaded on 12/25/2011 for the course SOCI 250 taught by Professor Carmichael during the Fall '11 term at McGill.
- Fall '11