website statistics
Quantcast

Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing

Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing
image_pdfimage_print

Income inequality is worse under Obama than under Bush and the wider the gap the more damage to the economy

 

Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing (via Market Shadows)

Courtesy of ZeroHedge. View original post here. Submitted by George Washington. Preface: All capitalist systems have some inequality.  We don’t want to prevent all inequality … just economy-wrecking levels: Lawrence Katz, a Harvard economist, adds that some inequality is necessary to create incentives…



 
Print Friendly

Leave a Reply

Your email address will not be published.