Click To Refresh and See Other Posts
Finger People - Universal Language - Honduras

Monday, July 11, 2011

NPR: As Income Gap Balloons, Is It Holding Back Growth?

Greed is good? NOT!  A perspective on the implications of inequality of incomes.  How deregulation has led to current  problems and other ideas.  After 1933 banking crises disappeared until the 1980s.

Hear the story and see the transcript at NPR ... click on title!

NPR ... 

"This inequality is destabilizing and undermines the ability of the economy to grow sustainably and efficiently," she said. Income inequality, she continued, "is "anathema to the social progress that is part and parcel of such growth."
The income gap in the United States has ballooned: It's wider than any time since 1928, in the days before the stock market crash triggered the Great Depression.

WI 1848 Forward: #NPR : As #Income Gap Balloons, Is It Holding Back #Growth ? : #47% #99% #Obama #Dems vs #1% #Elites

No comments: