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The Causes of Economic Hardship for the Middle Class

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The Causes of Economic Hardship for the Middle Class

Testimony submitted to the House Ways and Means Committee

January 31, 2007, Dean Baker

In his submitted testimony to the House Ways and Means Committee hearing, The Causes of Economic Hardship for the Middle Class, Dean Baker argues that the upward redistribution of wealth over the last 25 years was primarily the result of policy changes and not simply the natural workings of the market. He discusses four policy areas: trade and immigration, Federal Reserve Board, labor-management, and corporate governance.

http://www.cepr.net/index.php/testimony-the-causes-of-economic-hardship-for-the-middle-class/

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