The excuses have run out

John Quiggin writes:

  • Average US household size has been increasing since 2005 and is now back to the 1990 level
  • Changes following the Boskin Commission report of 1996 have mostly accounted for product quality improvements and substitution effects
  • The EITC was last changed in 2001, and the effects were modest. It seems likely to be cut as part of the current move to austerity
  • Access to health insurance has generally declined. Obama’s reforms will change this if they survive to 2014, but that’s far from being a certainty

Work backwards to figure out the context.


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