Tuesday, August 5, 2014
Standard & Poor's Report Argues That Income Inequality Is Bad For The Economy
Conservatives often refute claims about the problem of income inequality by discrediting the source. This report on income inequality comes from a source that cannot be easily dismissed. Standard & Poor's is an internationally respected organization that is not associated with a particular political ideology. This report provides an extensive review on the growth in income inequality and concludes that it has reached a point at which it inhibits economic growth. It also reviews some of the ways in which the problem might be addressed.