South By North Strategies, Ltd.

John Cassidy of The New Yorker makes a good point despite misidentifying the Economic Policy Institute.

Many educated people have little idea about the level of wages in this country. According to the Employment Policy Institute, more than half of all jobs pay less than thirty-four thousand dollars a year. A quarter of jobs pay less than twenty-three thousand dollars—the official poverty line for a family of four. The child tax credit and the earned-income tax credit were both designed to reward low-paying work rather than inactivity—that is why they attracted Republican support. They operate like a negative income tax—an idea Milton Friedman, yes that Milton Friedman, originally proposed—which tops up the incomes of the working poor and the working near-poor.