- Words: 1425
- Length: 3 Pages
- Topic: Economics
- Paper #: 39464307
With corporate profits at an all- time high, the "annual $92 billion in direct and indirect subsidies to businesses and private-sector corporate entities" (Slivinski, S. May 14, 2007) would provide the funding necessary to implement the proposal.
Policy invariably comes down to political positioning, and in this case the question becomes whether the strengthening of the middle class is a more important goal then subsidizing corporate coffers. In formulating the