Pay low-income families more to boost economic growth, says IMF

[Ian Livingston]

How about something akin to, say, sustainable equilibrium, in which wealth
produced sustains a homeostatic relationship between states, systems, and
the individuals of which those states and systems are composed?

On Wed, Jun 17, 2015 at 8:50 AM, rich <richard.romeo at gmail.com> wrote:

> can we come up with a better barometer than GDP to measure these things?
>
> On Wed, Jun 17, 2015 at 9:40 AM, Monte Davis <montedavis49 at gmail.com>
> wrote:
>
>> That's ridiculous. The top 20% can put additional income to work
>> suborning journalists to anoint them as job creators..;. while the bottom
>> 20% would just blow the money on food, housing, and doctors for the kids.
>>
>> On Wed, Jun 17, 2015 at 9:21 AM, David Morris <fqmorris at gmail.com> wrote:
>>
>>>
>>> http://www.theguardian.com/business/2015/jun/15/focus-on-low-income-families-to-boost-economic-growth-says-imf-study
>>>
>>> The IMF report said the way income is distributed matters for growth.
>>> “If the income share of the top 20% increases, then GDP growth actually
>>> declines over the medium term, suggesting that the benefits do not trickle
>>> down. In contrast, an increase in the income share of the bottom 20% is
>>> associated with higher GDP growth,” said the report.
>>>
>>
>>
>
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