Standard & Poors Enters Inequality Debate in US

A Pew poll found that 56% of Americans said that their income was falling behind the cost of living.  At higher income levels, people said they were staying even and getting ahead, their incomes moving faster than inflation.

Standard & Poors reports that state income coffers have been effected by the decine in middle class wages.  In most states, tax revenue growth has not kept pace with the growth of the economy and S&P says inequaity is the cause.

Inequality in the US

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