Economists say income inequality hurts U.S. economy, By Christopher S. Rugaber (AP), December 17, 203, Salt Lake Tribune: “The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate that has intensified as middle-class pay has stagnated while wealthier households have thrived. A key source of the economists’ concern: Higher pay and large stock market gains are flowing mainly to affluent Americans…”
Poverty-related issues in the news, from the Institute for Research on Poverty