Market Gains Benefit Smaller Group

Here is one for the Liberals. And since I am not a big fan of progressive taxation to fix this, I really don't know what to do about it.  MSN Why Small Group Benefits from DOW Growth

To me the answer is to increase the capabilities of American workers:

• strongly promote 2 parent households (indifferent to sex of Parents)
• strongly dissuade single parent households 
• demand that people on welfare / medicaid improve, grow, change, etc and stop being a drag on our country
• demand that people on welfare / medicaid severely limit their number of children until they can afford and responsibly raise them
• offer low cost education options for sectors that are short of skilled knowledgeable employees

And to drive lower end wages up using basic supply and demand rules:

• limit the number of low end workers competing for those jobs (ie ship illegal workers home)
• immigrate more workers for the high dollar jobs to push down those costs
• encourage American consumers to support American workers

Now I am fine with progressive taxation to help the unsuccessful as long as there are strong improvement / learn / work incentives in place for the recipients of that wealth transfer.  It is the giving without expectation / consequences thus enabling people and their children to keep making the same mistakes decade after decade that I am against because it keeps them trapped in generational poverty that frustrates me greatly.  It is so unfair to the kids.

This piece from the Heritage org explains it pretty clearly.  An even simpler summary is:

• Caring for and raising for kids is hard.
• Paying household bills and saving is hard.
• Single parenting often leads to poverty
• Single parenting often leads to child problems

So if we really want to stop this gap from growing, we really need to focus on the bottom end.