Economic Research: How Increasing Income Inequality Is Dampening U.S. Economic Growth

Economic Research: How Increasing Income Inequality Is Dampening U.S. Economic Growth The passage is an academic summary of research on inequality and growth with no mention of specific individuals, transactions, or wrongdoing. It provides no actionable leads, novel allegations, or connections to powerful actors. Key insights: Cites IMF economists Andrew Berg, Jonathan Ostry, and Jeromin Zettelmeyer.; Claims a 10% decrease in inequality could extend growth spells by 50%.; References a Standard & Poor's publication from 2014.