The CEO of Goldman Sachs thinks the economy isn’t doing enough to benefit those at the lowest end of the income spectrum. Lloyd Blankfein, in an interview with CBS, said that income inequality is “destabilizing” and “responsible for the divisions in the country.” Calling it a “very big issue … that has to be dealt with,” Blankfein said that whether or not the economy grows faster, “too much of the GDP over the last generation has gone to too few of the people.”BuzzFeed
Goldman Sachs CEO: “Income Inequality Is A Very Destabilizing Thing In The Country”
Matthew Zeitlin
(h/t Brad DeLong)
1 comment:
Democrats want Republican's to propose liberal issues so they can't be blamed for being liberal. Liberals need to come out of the closet and be proud again. I swear, I've never seen a more complacent, less active Democrat party that has absolutely no big ideas and makes no effort to shift the national political dialogue in any meaningful way.
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