Feb. 5 - Rainbow Economics & Public Policy Tuesday...

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Public Policy Tuesday February 5, 2007 (Lui et al. ch 7 Marger ch 9)
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Rainbow Economics: Closing the Wealth Divide Lui et al. ch 7
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Racial Equality 2003-2004, middle-class and low income lost ground and 1 million people fell into poverty Racial equality a central governing principle and will raise floor for everyone When racial income gap smaller, white average income is higher and when gap wider, white income lower (p. 261) Civil Rights Movement helped various groups African Americans Women Gays People with disabilities
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Imagine the US in 2050 Native American treaties honored and portions of land returned Reservations with new local businesses Blacks sue US for slavery using world courts Tax multimillionaires and corporations Revitalize city neighborhoods, create affordable housing, replace super stores with local businesses South-Central America reorganize tax-funded social safety nets and control own natural resources
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Imagine the US in 2050 cont. Asians present in all occupations, not just doctors and scientist Increase in Asian theories and health practices like acupuncture Poor and middle-class whites doing better White reject ideology that “giving more to the rich will cause wealth to ‘trickle down’” Whites see their historical advantages & agree to use public funds for asset building
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Closing the Gap (skip) Human Assets Increase public school funding, including college and English as second language Universal health care: Hawaii has health, dental, and mental health since 1993 and saved money
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Feb. 5 - Rainbow Economics & Public Policy Tuesday...

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