Three decades of add-debt-and-stir policies have come to the point of extreme wealth concentration for a few and broadly negative returns for everyone else. Strucutral reforms designed to reduce debt and waste, increase opportunity and improve quality-of-life for the masses, are the path to greater financial and social stability.
Columbia University Professor of Economics Jeffrey Sachs and Frances Donald, head of macroeconomic strategy at Manulife Asset Management, examine the factors behind the growth of income inequality in the United States. Here is a direct video link.
;
