Letters to the Editor

November 15, 2013

Private business has responsibility to kids

In a recent article, The Wall Street Journal reported that, during the past decade, the median income was down 6 percent (with the bottom 90 percent down 10.7 percent) and income for the top 1 percent was 19.3 percent of all income in 2012. Meanwhile, the stock market is up 24 percent in 2013. The primary reasons given were high corporate profit margins caused by a lower share of revenue going to wages and profits going to taxes. The commentary also advises that an economy with less income disparity might be healthier.

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