Government will not solve “Income Inequality”

A recent letter in the Times Union under the heading “Wealthy in Control of Government” by Wally Hughes of Charlton points out that “a poor economy and unemployment has little effect upon the wealth stream” of large companies which have the means to “deal with our increasing bureaucracy.” He continues with the observation that small and mid-sized businesses are “bogged down by exploding paperwork.”
Government regulation and the imposed costs, both direct and indirect resulting from such regulations contribute to the loss of jobs and the marginalization of the poor and middle class significantly contributing to income inequality impacting not only the individuals but the communities in which they reside.
Government is not the last place we should look to address concerns about economic malaise, unemployment and income inequality.  At its best, it is incompetent; and at its worst, it is the agent that stifles competition and limits innovation and opportunity. As Mr. Hughes appropriately asks “Who do you think has the (attention of the) legislators?”

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