If not forward thinking, Trump may make things worse on inequality

Joseph Stiglitz writes that Trump is unlikely to effect a carbon tax, empower trade unions and make tax rates more progressive, all of which are necessary to see a real impact to his increased investment plans for America.

Prof. Stiglitz concludes: “My very cloudy crystal ball shows a rewriting of the rules, but not to correct the grave mistakes of the Reagan revolution, a milestone on the sordid journey that left so many behind. Rather, the new rules will make the situation worse, excluding even more people from the American dream.”

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