Article 5KDYC The American economy is perilously fragile. Concentration of wealth is to blame | Robert Reich

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

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