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what's wrong with the economy?

EPI has a good summary of what’s wrong with the economy. The bullet-points are:

  1. Profits are up, but the wages and the incomes of average Americans are down.
  2. More and more people are deeper and deeper in debt.
  3. Job creation has not kept up with population growth, and the employment rate has fallen sharply.
  4. Poverty is on the rise.
  5. Rising health care costs are eroding families’ already declining income.