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Rising US income and wealth Inequality results from repression of real wage growth and production realignments benefitting the top one percent of households.
Illustrations: Worked examples or Exercises.
Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.
Middle class wage-earning households have been hurt.
Rising US income and wealth Inequality results from repression of real wage growth and production realignments benefitting the top one percent of households
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