Quote:
|
Originally Posted by Ab
Again, you are making a claim that the OECD is not. The OECD report says that an increase in income equality that occurred in the late eighties and early nineties negatively affected the size of NZ's economy as it was in 2010.
It says nothing about inequality NOW or how it affects NZ NOW. You can infer what you like, but don't post your inferences and then say that's what the report says.
|
I haven't made any claims or inferences.
My take on the report (with it's research showing that addressing inequality directly won't harm growth) is that hopefully it will help in the move further away from neoliberalism ie.
Quote:
"focusing exclusively on growth and assuming that its benefits will automatically trickle down to the different segments of the population may undermine growth in the long run inasmuch as inequality actually increases."
"The paper also finds no evidence that redistributive policies, such as taxes and social benefits, harm economic growth, provided these policies are well designed, targeted and implemented.”
|
And National's response:
Quote:
|
Finance Minister Bill English says he disagrees with an OECD report which has found inequality is bad for economic growth and attacks trickle-down economics.
|