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Half of Americans are "shut off from economic growth"

Even after accounting for the occasional recession and slowdown, America’s economy has greatly expanded since the days of disco.

Despite that growth, however, half of Americans have failed to share in the country’s economic gains since the 1970s, with roughly 117 million American adults living on income that’s stagnated at about $16,200 per year before taxes and transfer payments, according to new research from economists Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

By Aimee Picchi – CBS MoneyWatch

Full Story: http://www.kpax.com/story/34010652/half-of-americans-are-shut-off-from-economic-growth

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Wish CEO Compares Shopping App’s Success To Donald Trump’s Victory, Confirms $500 Million Investment

http://www.matr.net/article-74588.html

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