The wealth gap costs the US economy $300 billion every year: study
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the Economic Policy Institute
EPI
MPC
Congress
Senate
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Josh Bivens
Asha Banerjee
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Americans
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US
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Summary
By redistributing wealth from lower-income households to the wealthiest Americans, overall spending slowed and left less fuel for economic growth.Put another way, the government would have to spend about $300 billion on "well-structured" stimulus every year if it wanted to undo the income-inequality drag on growth, according to the report.
As said here by Ben Winck