Have you noticed that whenever there is a wide gap between the incomes of the rich and the poor there is also a high unemployment rate, and that when this gap is narrow, there is a low unemployment rate?
It's true!
There is a direct correlation between the gaps in incomes and the unemployment rates, and it has existed every year since 1920.
What does this mean?
This means that tax cuts for the wealthy will lead to high unemployment rates. Cutting taxes for the rich has been called "trickle-down economics," and it doesn't work to create jobs. One former Republican president once called it "voodoo economics."
What else does it mean? It also means that raising the minimum wage, cutting taxes for the middle class and raising taxes for the rich will lead to lower unemployment rates by narrowing the gap between the rich and the poor.
Will a recent increase in the minimum wage and a tax cut for the middle class, along with a future tax increase for the wealthy work to lower unemployment? Time will tell.
David L. Faust,
Selinsgrove
Opinion
Widening gap
- Opinion
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Good-paying jobs
I am writing in response to comments made by several lawmakers and certain media regarding people receiving unemployment compensation not searching for employment but only wanting extensions.
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Economy is tough but still pay rises
It was my first time attending a Lewisburg School Board meeting last night. I went to hear public comment on the Boards recent decision to extend the Superintendents contract, which included a 20-plus percent pay raise.
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Sunbury has a lot to offer
I would like to respond to the letter writer that inferred that Sunbury was a pretty package with nothing inside.
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Mutual aid is necessary
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Lifting me higher
I am not a winner of a Pulitzer Prize, nor am I an author of best selling novels, I'm just a human being attempting to live life here on earth with purpose and I can find no greater way to do that than through my faith and my belief in God.
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Understaffing
I read with interest your article regarding police mutual aid in Northumberland County.
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Carney, Marino ought to get focused on issues
U.S. Rep. Chris Carney and Tom Marino ought to focus on the issues in the upcoming campaign for Congress.
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Blatantly unfair
The Pennsylvania Republican Party is supporting an effort to strike third-party candidates from the general election ballot in November.
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Fiscal responsibility
This editorial letter is only the second such letter I have been moved to pen in my lifetime.
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Schools need a little help from home
Milton High School failed to meet its adequate yearly progress under Pennsylvania's version of the federal No Child Left Behind because one student did not show up for the standardized test.
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Good-paying jobs
