Analysis

The American Middle Class, Income Inequality, and the Strength of Our Economy – New Evidence in Economics

Washington, D.C.–(ENEWSPF)–May 17, 2012.  Today, the Center for American Progress unveiled a new paper examining how the strength of the middle class and inequality affect our nation’s economic growth and stability. Despite conventional wisdom that the wealthiest are the ones to drive the economy, this analysis provides evidence that a strong middle class is the real engine of our country’s economy, creating the conditions for families to invest in their children, for businesses and entrepreneurs to take flight, and for quality governance of a strong, stable economy.

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