Yes, Virginia, There Is An Income Gap AND It’s Hurting The Economy
The growing difference in wages between Rich and Poor isn’t just hurting those on the lower end of the spectrum. It’s now starting to affect the economic recovery!
That is the consensus reached by more than three dozen economists surveyed last week by The Associated Press.
The major concern, the rich are getting richer but spending less than low and middle income people. Guess it’s easier to save when you have food on the table.