The core of the firm's analysis looks at the theory that (a) since the 1% appear to be grabbing an ever-greater share of income gains in recent decades, then (b) rising income inequality should slow economic growth because they … Economist Paul Ashworth: It is true that those in the lower half of the income distribution would be forced to reduce their own savings but, overall, we would expect to see a rise in saving at the macro level As well as a rise in the overall rate
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