Economic Pie Needs Reslicing

September 8, 2004 | Grand Forks Herald |

Senior Fellow David Callahan observes that there is long bipartisan support for the redistribution of income, and shows why new steps in this direction are now needed to preserve the American Dream.

Few politicians from either party will answer the obvious question: If so many Americans barely scraped by during the biggest economic boom in memory, why expect things to be any better during new eras of growth? Trends point in the opposite direction. Business owners are finding better ways to exploit globalization and technological advances to pay workers less, grant fewer benefits and keep more profits for themselves.