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

[Mark Kohut]

Here's my perspective.

EVEN THE IMF ADMITS!!!!

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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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l