You realized all the markets have (until very recently) been going up, all the economic indicators showing green, and business was booming. My portfolio was up.
That economic activity is growth. It was still happening. Just the middle class didn't participate like it used to like in the 50s. Because the marginal tax rate back then kept as much wealth from pooling at the top.
Economic inequality is the problem, not lack of growth.
That economic activity is growth. It was still happening. Just the middle class didn't participate like it used to like in the 50s. Because the marginal tax rate back then kept as much wealth from pooling at the top.
Economic inequality is the problem, not lack of growth.