Saturday, November 18, 2023

Despite economic growth, U.S. inequality worsens


Inflation is down and GDP up, but the fruits of growth go overwhelmingly to the already-well-off. Tens of millions of middle- and working-class people are feeling worse off -- despite the aggregate numbers. People don't vote so much on aggregate numbers as they do on their own situation. Biden and his political advisors need to stop looking at aggregates and enforce their own measures to promote equality.

Charlie Cooper



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