Thursday, August 18, 2011

This is an interesting take on things....

Why poor people support tax breaks for the rich?

Why do lower middle-class and working class Americans support tax breaks for the rich? New research suggests it might not be about aspirations—i.e., "Maybe I could be rich someday." Instead, says the Economist, people are more concerned with how social programs and wealth distribution might help people worse off than them become better off than them.

In other words: Nobody wants to be on the bottom and national economics looks a lot like a junior high locker room.

Read the whole article by clicking HERE.
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