Robert Reich: Why Inequality is the Real Cause of Our Ongoing Terrible Economy

Link: Robert Reich: Why Inequality is the Real Cause of Our Ongoing Terrible Economy

robertreich:

THE 5 percent of Americans with the highest incomes now account for 37 percent of all consumer purchases, according to the latest research from Moody’s Analytics. That should come as no surprise. Our society has become more and more unequal.

When so much income goes to the top, the middle class…

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