Sobering IMF report on U.S. economy cites dwindling middle class, growing income equality

[marmar]

JUDY WOODRUFF: The American middle class is shrinking and struggling. The six-year-long economic recovery is showing some signs of slowing. And the pronounced wealth divide in the U.S. may get worse without bigger steps.

That warning was part of a new report issued today about the U.S. economy by the International Monetary Fund.

I sat down with its managing director, Christine Lagarde, at IMF headquarters here in Washington earlier today to hear more of her concerns about what’s happening to the middle class and the poor, and what could be done about it. .............(more)

http://www.pbs.org/newshour/bb/gloomy-imf-report-on-u-s-economy-cites-dwindling-middle-class-growing-income-equality/