The study out of the International Monetary Fund found that greater income equality positively correlates with stronger economic growth
. . . Indeed, greater levels of income equality corresponded more strongly to sustained economic growth than other economic factors, including lower debt levels, according to the report . . .

The United States Income inequality has grown in the United States over the past four decades and now more closely compares to the income distributions of Russia and Iran than many other developed economies
. . . Some economists have attributed stagnant wages for most Americans over the past four decades in part to growing inequality, as the rich have mostly benefitted from the country’s recent economic gains. Read more . . .