POLI 2301 Chapter Notes - Chapter 4: Temporary Assistance For Needy Families, Regressive Tax, Meritocracy
Document Summary
The united states has the highest poverty rate, the greatest income inequality, and the greatest wealth inequality of any major developed economy in the world. Our parents" in- comes play a larger role in our personal economic fortunes than is true for other peer coun- tries. D. 1. and the parties differ sharply on inequality reform"s priority: 90 percent of. Democrats, but only 36 percent of republicans, want their presidential candidate to focus on it. E. 2. inequality is an empirical fact the normatively relevant factors in each case would likely differ so that reason- able people could and would disagree about how to assess and weigh them. E. 4. americans accept economic inequality more than political inequality. Poverty is a deprivation and inequality is a dispersion of wealth: solutions is not clear. I explore some of these issues later in the chapter. F. 2. consumption is more equally distributed than income, and income is more equally distributed than wealth.