Tumble DC 25

Marginally better than silence

115 notes

Robert Reich lists six reasons the economy is in trouble:

  • The economy has doubled since 1980, but wages are flat
  • All gains from the economy go to the super rich
  • The money gained translates to political power, which translates to tax cuts
  • Tax cuts result in huge deficits
  • The middle class is divided fighting over the remainder of resources
  • Without strong purchasing power in the middle class, the recovery is anemic

Filed under Economy Robert Reich income inequality wealth inequality moveon

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