Posted on 12/18/2013 2:20:18 AM PST by Olog-hai
The growing gap between the richest Americans and everyone else isnt bad just for individuals.
Its hurting the U.S. economy.
So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate thats intensified as middle-class pay has stagnated while wealthier households have thrived.
A key source of the economists concern: Higher pay and outsize stock market gains are flowing mainly to affluent Americans. Yet these households spend less of their money than do low- and middle-income consumers who make up most of the population but whose pay is barely rising.
(Excerpt) Read more at bigstory.ap.org ...
The economy needs more Marxism according the the Marxists.
Pray America is Waking
RAISE THE MINIMUM WAGE! Yeah, that’ll fix it....
(When I first read it, " Atlas Shrugged" was fiction)
Same with me when I first read Orwell's 1984. Seems like Rand and Orwell were prophets.
5.56mm
Gorbachev and Kruchev were both millionaires.
AP=A$$ Press
They are a leftist propaganda outfit.
I agree!
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