The recovery has been slow, but not because of Europe's debt crisis, Wall Street, or high taxes. American consumers, whose spending is 70 percent of economic activity, don’t have the money to buy enough to boost the economy.
The US economy is creating more jobs at slightly higher pay. But the averages can be deceiving.
The trickle-down, de-regulatory agenda presumes that the growth chain starts at the top of the wealth scale and “trickles down” to those at the middle and the bottom of that scale. Problem is, that’s not how it works
Supply side economic practice deepens the deficit and worsens inequality
Some of the world's most mobile workers choose to live and compete in European nations with the lowest tax rates.
Studies show that the rich are getting a lot richer, the poor a little poorer. The middle class is slipping.