Some Common Cents for Aug 14th 2015

August 14, 2015, by John Norris

tsThis week, I read a column written by a man by the name of Cass Sunstein. This man is very much a political policy wonk, and let’s just say I don’t ordinarily agree with what he has to say, scratch the ordinarily. We simply have differing world views, and, you know, that is okay. However, I read differing opinions when digesting news, so I can have a better understanding of what other people think.

In his column, he maintained expanding the EITC (Earned Income Tax Credit) to a wider swath of people would be great for alleviating poverty and growing the economy. He backed up his contention with enough statistics for a 600 word column, and his argument was reasonably well thought out and presented. However, that doesn’t mean he was right, even if he was horribly clever.…Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.