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child tax credit misunderstandings 
Comment added by hugetim on Wed 20 Oct 2004 - 14:35 h  
Actually, a mother making only $10,000 per year will get nothing from the child tax credit, because it is only partly refundable and only under certain conditions. (details available at Center for Budget and Policy Priorities) Actually, Democrats fought to increase the refundability of the credit so that low-income families could benefit, but House Republicans led by Tom Delay brushed them off.

I'm not talking about increasing the minimum wage "too much." It's at it's lowest since the 70's (adjusting for inflation) and an increase is long overdue, so hard-working people can keep up with the rising costs of health care and everything else.

As you may know, the unemployment is a poor measure of "labor slack." If you aren't familiar, I suggest this explanation.

As for wages, it's well understood in economics that decreases in wages lag behind decreases in jobs, which you seem to agree with (if you acknowledge that not only tech jobs have been affected). Whatever the reason, the point is that workers are struggling presently, and it's odd to pretend like they're not.

Finally, the list is a good idea. I hope to post one soon. 

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