The American economy is perilously fragile. Concentration of wealth is to blame | Robert Reich
by Robert Reich from on (#5KDYC)
The imbalance is more extreme than it's been in over a century. We need to fix this structural problem before it's too late
Policymakers and the media are paying too much attention to how quickly the US economy will emerge from the pandemic-induced recession, and not nearly enough to the nation's deeper structural problem - the huge imbalance of wealth that could enfeeble the economy for years.
Related: When is this going to end?': US factory town devastated by jobs moving overseas
Continue reading...