Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (3 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   1 comment

Inequality Is Holding Back The Recovery - By JOSEPH E. STIGLITZNYTimes.com

Quicklink submitted by Susan Lee Schwartz     Permalink
Related Topic(s): ; ; ; ; , Add Tags

Well Said 1   News 1   Supported 1  
View Ratings | Rate It

opednews.com Headlined to H3 1/20/13


At opinionator.blogs.nytimes.com

' A fifth of our kids live in poverty -- an aberration among rich nations'.. To Stigletz 'with inequality at its highest level since before the Depression, a robust recovery will be difficult in the short term, and the American dream -- a good life in exchange for hard work -- is slowly dying. Politicians typically talk about rising inequality and the sluggish recovery as separate phenomena, when they are in fact intertwined. Inequality stifles, restrains and holds back our growth. When even the free-market-oriented magazine The Economist argues -- that the magnitude and nature of the country's inequality represent a serious threat to America, we should know that something has gone horribly wrong. And yet, after four decades of widening inequality and the greatest economic downturn since the Depression, we haven't done anything about it... Read the four major reasons:

Read the rest of the story HERE:

At opinionator.blogs.nytimes.com

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Here are four little known ways to sharply boost t... by Mark Goldes on Sunday, Jan 20, 2013 at 6:28:02 PM