"It is known that high levels of inequality lowers economic growth by reducing middle-class demand and increasing the costs of redistribution. It causes poverty traps by reducing social mobility, creates social tensions, and it destabilises societies."

#NewParty puts #PeopleOverProfits and makes sure to #EndTheCorporateBailouts

#PeoplesParty

https://theconversation.com/welfare-works-redistribution-is-the-way-to-create-less-violent-less-unequal-societies-128807