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

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…

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Avatar of MGx Posted by on February 24, 2013. Filed under Featured,National. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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