Productivity & Wages

In this morning's Washington Post, Harold Meyerson argues that productivity gains should result in higher wages, as they did for many years, and suggests that corporate tax reform is the way to help achieve this: Lower rates go to companies that share the wealth with their workers. The idea, as Meyerson notes, was Bill Galston's, and Galston is one of the sharpest thinkers in the land. This idea has merit. Unfortunately, this idea would not have the votes in the House.