Even Standard & Poor's Has a Problem with Growing Inequality
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A new report by Standard & Poor's, one of the country's Big Three credit-rating agencies, points to increasing income inequality and the danger it poses to continued U.S. economic growth. In its report,. "How Increasing Income Inequality is Dampening U.S. Economic Growth, And Possible Ways to Change the Tide," S&P cites "all sorts of nasty" economic and political problems that flow from this growing inequality, but few solutions.
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