Chrittenden, Michael R. and Eric Morath. Study Cites Limits on US Growth. Wall Street Journal, June 27, 2012, p. A2.
"The US economy is likely to grow moderately this year, but is limited by stagnant wages, relatively high income inequality and an education system that provides few resources to those likely to need them, the Organization for Economic Cooperation and Development said...
Majia here: And inequality has grown rapidly over the last 12 years, particularly during the recession.
Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says. By Ylan Q. Mui, Published: June 11The Washington Post http://www.washingtonpost.com/business/economy/fed-americans-wealth-dropped-40-percent/2012/06/11/gJQAlIsCVV_story.html?wpisrc=nl_headlines_Tue
1% Controls 43% of Financial Wealth