"The last several decades have not been kind to the American middle class—even as the rich have grown far richer, middle-class incomes have stagnated, sending inequality soaring. For years, conservatives have prescribed “trickle-down” policies, such as tax cuts for the wealthy, that purport to produce prosperity for the many by first enriching the few. Yet rigorous research and economic experience have demonstrated that these policies are part of the problem, not the solution. In order to restore the postwar promise of shared prosperity, we need to recognize that economies do not grow from the top down, but from the middle out. The argument is simple yet transformational: A strong middle class is not merely an outcome of economic growth, but a key driver of growth." CFP
Posted on: Mon, 24 Jun 2013 06:10:38 +0000
Recently Viewed Topics
© 2015