Monday, August 13, 2012

Quote of the Day: Redistribution of Wealth, Bottom Up

"The new [VP candidate Paul] Ryan budget is a remarkable document — one that, for most of the past half-century, would have been outside the bounds of mainstream discussion due to its extreme nature. In essence, this budget is Robin Hood in reverse — on steroids.  It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation’s history)."

--Robert Greenstein, Center on Budget Priorities

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