Economic Recovery Weakens Middle-Class Incomes
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•New Data Illustrate the Failure of the Trickle-Down Experiment — Tax Cuts for the Rich have failed
83% Informative
As of 2014 , the top 1 percent of Americans have seen 58 percent of the gains in the economic recovery, authors say.
Authors: The average real income of the bottom 90 percent has grown just 1.6 percent since the recovery began in 2009 .
They say the economy grew in the 1980s , but the vast majority of gains went to those at the very top.
Writers: Economic growth does not appear to grow middle-class incomes as it once did.
A recent CAP report showed that America is missing 1 million entrepreneurs, partially because of the financial squeeze on the middle class.
Brendan Duke : The middle class instead needs active policy solutions that produce inclusive prosperity.
Duke: Healthy economic growth requires a healthy middle class, and a pro-growth policy agenda needs to focus squarely on everyday Americans .
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