When disenfranchise & distraction become one...

IIPM MANAGEMENT INSTITUTE

They may not pore over income distribution tables, but they do know that today’s rich are building mansions bigger than those of the robber barons. They may not read labour statistics, but they know that wages aren’t going anywhere: According to the Pew Research Center, 59% of workers believe that it’s harder to earn a decent living today than it was some decades ago.

You know that perceptions of rising inequality have become a political issue when even President Bush admits, as he did in January, that “some of our citizens worry about the fact that our dynamic economy is leaving working people behind.” But today’s Republicans can’t respond in any meaningful way to rising inequality, because their activists won’t let them. You could see the dilemma just this past Friday and Saturday, when almost all the GOP presidential hopefuls travelled to Palm Beach to make obeisance to the Club for Growth, a supply side pressure group dedicated to tax cuts and privatization.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)