A Depressingly Simple Explanation For The Weak Recovery
Mar 05, 2014
| 525 views | 1
Why is the economy so weak? It's simple: Inequality. Income gains for the 95% have been meager for a long time, but up until the crisis, households could take on debt to compensate. Now credit has been harder to come by, and so household buying power is limited.
Read more: A Depressingly Simple Explanation For The Weak Recovery