Rising inequality in the U.S. and Europe generates plenty of commentary nowadays, but not so many compelling prescriptions. I’ve a simple theory for why this is. The left really cares about the issue, but bars itself from considering effective remedies. The right could come up with some effective remedies, but doesn’t really care.
St James’s Place says Woodford Investment Management to run U.K. Equity and Income Distribution funds and the U.K High Income Unit Trust * Threadneedle Investment to take over management of Strategic Managed Unit Trust, Strategic Managed fund (previously known as Invesco Perpetual Managed fund), St. James Place says in statement * Funds were previously managed by Invesco Perpetual
Republican presidential candidate Mitt Romney has been strategically slippery about his tax plan, largely refusing to explain how he would pay for the sweeping tax cuts that represent his primary promise to voters.