Pay Low-Income Families More to Boost Economic Growth, Says IMFThe GuardianJun. 16, 2015 |
Elon Musk Says Americans Are Too 'Retarded' for Tech Jobs, Censors Critics
Elon Musk Launches Twitter Purge, Bans Critics of His Push to Expand Indian Immigration
Trump Endorses H-1B Visas, Musk Threatens 'War' in Their Defense
'This is Cruelty, This is Not War': Pope Francis Condemns Gaza Genocide in Christmas Message
Ohio Senate Passes Bill Aimed at Outlawing Criticism of Israel, Criminalizing Gospel
The idea that increased income inequality makes economies more dynamic has been rejected by an International Monetary Fund study, which shows the widening income gap between rich and poor is bad for growth. A report by five IMF economists dismissed “trickle-down” economics, and said that if governments wanted to increase the pace of growth they should concentrate on helping the poorest 20% of citizens. Read More |