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1 Unbound: How Inequality Constricts Our Economy Heather Boushey January 30, 2020

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Page 1: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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Unbound: How Inequality Constricts Our Economy

Heather Boushey

January 30, 2020

Page 2: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

Page 3: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

Page 4: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

Page 5: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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Inequality constricts growth by …

• Obstructing the supply of people and ideas into the economy and limiting opportunity for those not already at the top, which slows productivity growth over time.

• Subverting the institutions that manage the market, making our political system ineffective and our markets dysfunctional.

• Distorting demand through its effects on consumption and investment; which both drags down and destabilizes short- and long-term growth in economic output.

Page 6: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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New Idea:Measure what matters

Page 7: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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Page 8: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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ENDS

Page 9: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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Page 10: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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Page 11: Unbound: How Inequality Constricts Our Economy...Ø percent in the first quarter (table 1). Real gross domestic income (GDI) increased 2.9 increase of 2.7 percent (revised) in the

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