The Real Poverty Trap..Paul Krugman..wow [View all]

[Ichingcarpenter]

He knocks it out the park

I hope all democrats in power read this

After destroy Ryan's dogma with data and facts he says this

I mean, think about it: Do you really believe that making conditions harsh enough that poor women must work while pregnant or while they still have young children actually makes it more likely that those children will succeed in life?

So the whole poverty trap line is a falsehood wrapped in a fallacy; the alleged facts about incentive effects are mostly wrong, and in any case the entire premise that work effort = social mobility is wrong.


http://krugman.blogs.nytimes.com/2014/03/04/the-real-poverty-trap/?_php=true&_type=blogs&_r=0