Is higher inequality the price America pays for faster growth?

archive.today webpage capture Saved from history←priornext→ 16 Oct 2024 19:26:52 UTC All snapshots from host www.economist.com WebpageScreenshot sharedownload .zipreport bug or abuseBuy me a coffee Skip to content Menu Weekly edition The world in brief Search Try for free Log in Report: The envy of the world View all chapters Special report | For richer and poorer Is higher inequality the price America pays for faster growth? A look at the potential downsides of outperformance photograph: matt black/magnum photos Oct 14th 2024 Share T hink about income inequality in America and some archetypes easily come to mind. Start with a rich corporate lawyer, earning above the roughly $1m annual income (before taxes and transfers) that places a household in the top 1% of earners. At the other end of the scale, in the bottom 20%, a single mother with a fast-food job might have an income of $25,000. Between them, a home with a mechanic and a part-time teaching assistant might have annual earn

archive.today webpage capture Saved from history←priornext→ 16 Oct 2024 19:26:52 UTC All snapshots from host www.economist.com WebpageScreenshot sharedownload .zipreport bug or abuseBuy me a coffee Skip to content Menu Weekly edition The world in brief Search Try for free Log in Report: The envy of the world View all chapters Special report | For richer and poorer Is higher inequality the price America pays for faster growth? A look at the potential downsides of outperformance photograph: matt black/magnum photos Oct 14th 2024 Share T hink about income inequality in America and some archetypes