Read "The Income Gap."

1. Define the following phrases:

K Street Lobbyists
newspaper op-ed pages
fast track authority
capital gains

2. The article has three parts. Part one describes the Democrats' critique of globalization. What are the other two parts?

3. In your own words, summarize the Democrats' position on globalization. List two facts the author provides as evidence of the Democrats' position.

4. Does Pethokoukis believe that there has been a big increase in income inequality? List two statistics that he uses to support his position.

5. Which group of Americans has made greater economic gains: the top 1 percent or the top .1 percent?

6. According to Pethokoukis, which is more responsible for overall inequality, wage inequality or income inequality? What is the difference between wage inequality and income inequality?

7. How does "rapid technological change" cause wage inequality?

8. Does Pethokoukis agree that "workers' wages have been flat since the 1970s"? List two reasons he gives for his position.