Wealth Distribution

  • 05.10.17

    7 Economic Fundamentals

    In this video, Robert Reich lays out the 7 economic fundamentals that demonstrate the problematic nature of the nation's current wealth distribution. 1. Workers are Consumers 2. Consumer Spending = 70% of Economic Activity 3. Wealthy Spend Smaller Percentage of Income 4. Concentrated Wealth = Not Enough Purcha...

    In this video, Robert Reich lays out the 7 economic fundamentals that demonstrate the problematic nature of the nation's current wealth distribution. 

    1. Workers are Consumers

    2. Consumer Spending = 70% of Economic Activity

    3. Wealthy Spend Smaller Percentage of Income

    4. Concentrated Wealth = Not Enough Purchasing Power

    5. Sufficient Demand Requires the Middle Class and Poor

    6. Policies to Help Working Families

    7. Wealthy do Better in a Growing Economy