Author Topic: Incomes Collapsing in the US  (Read 2320 times)

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Offline cybercoma

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Re: Incomes Collapsing in the US
« on: February 07, 2017, 05:23:26 pm »
This concern over income equality needs to have a reality check.
I'm sorry, but the reality check is all yours. Income inequality in OECD nations is linked to a ton of social and health issues. If you want to know how, this was the beginning of a ton of research on the topic.

Edit: If you don't give a **** about people's health and social welfare, then there's a ton of research from the OECD showing that inequality hurts economic growth. This has been corroborated by other researchers, whose articles are behind paywalls, so I haven't included them.

http://www.oecd.org/newsroom/inequality-hurts-economic-growth.htm
https://www.oecd.org/social/Focus-Inequality-and-Growth-2014.pdf
http://www.oecd-ilibrary.org/social-issues-migration-health/trends-in-income-inequality-and-its-impact-on-economic-growth_5jxrjncwxv6j-en
https://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf

Here's an article showing OECD income and labour share trends:
https://www.oecd.org/g20/topics/employment-and-social-policy/Income-inequality-labour-income-share.pdf
« Last Edit: February 07, 2017, 05:41:11 pm by cybercoma »