One Paragraph That Explains Why the American Economy’s Isn’t Working for the Middle Class
Corporate finance is not the stuff of kitchen-table conversations. The terminology surrounding it is a bit obscure. And a lot of the key data isn’t officially tracked by the government or published in an easily accessible way.
But these four sentences by Lu Wang and Callie Bost at Bloomberg tell us an enormous amount about where the economy is today.
One part of the problem given a straightforward explanation in layman’s terms.
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