According to Columbia University economics professor Joseph Stiglitz economic inequality is increasingly slowing the growth of the U.S. economy.
http://readersupportednews.org/opinion2/279-82/12655-focus-inequality-undermines-prosperity
Professor Stigliz notes:
...To fix the economy, we must boost demand. To do that, we have to address inequality. ... Countries with high inequality tend to underinvest in their collective well-being, spending too little on such things as education, technology and infrastructure. The wealthy don't need public schools and parks. That's another reason economies with high inequality grow more slowly. ...
http://readersupportednews.org/opinion2/279-82/12655-focus-inequality-undermines-prosperity
Professor Stigliz notes:
...To fix the economy, we must boost demand. To do that, we have to address inequality. ... Countries with high inequality tend to underinvest in their collective well-being, spending too little on such things as education, technology and infrastructure. The wealthy don't need public schools and parks. That's another reason economies with high inequality grow more slowly. ...
