The Two Root Causes of Income Inequality: And a Practical Solution

To find the Two Root Causes of Income Inequality, the following questions had to be answered: 1. Why are corporate profits and stock prices soaring, while the middle class is falling apart? 2. Are new economic measurements needed to measure the health of the US economy - and what are they? 3.Do half (Romney's 47%) of Americans really pay no taxes? What % of their incomes do they really pay in taxes? 4. What is the cause of so much short-term thinking in US business today? 5. Are there really two very different kinds of patriotism - "flag-waving" patriotism and "economic" patriotism - each of which has a very different effect on the middle class and other ordinary (not rich) Americans? 6. Who are the real job creators? These and many other questions and answers come from a new research lens that takes into account the radical changes in the American economy in last 30 years. Louis Cohen, an established researcher of 30+ years, tackles these questions and more, using research methods developed during his commercial career, and re-applying them for the benefit of a middle class that is hurting. Dr. Cohen has also developed a practical single solution to Income Inequality and the other economic problems afflicting the middle class and other ordinary (not rich) Americans.