“Inequality is the defining feature of our economy today”

This weekend’s Barron’s cover story by Reshma Kapadia looks at widening economic inequality that, at some point, will have major investing and taxation consequences for the investor class and Corporate America. The pandemic and related lockdowns took an already ailing situation and made it even worse. 40% of the people who’ve lost their jobs this year earn $40,000 or less. Only 13% of those making over $...

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source https://thereformedbroker.com/2020/06/21/inequality-is-the-defining-feature-of-our-economy-today/