For the past several decades, politicians and economists thought
that high levels of inequality were good for the economy. But
because America's middle class is now so weak, the US economy
suffers from the kinds of problems that plague less-developed
countries. As Hollowed Out explains, to have strong, sustainable
growth, the economy needs to work for everyone and expand from the
middle out. This new thinking has the potential to supplant
trickle-down economics the theory that was so wrong about
inequality and our economy and shape economic policy making for
generations.
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