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HOUSE_OVERSIGHT_025763

House Oversight Committee
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STANDARD & POOR'S

RATINGS SERVICES

McGRAW HILL FINANCIAL

RatingsDirect’

Economic Research:

How Increasing Income Inequality Is Dampening U.S. Economic Growth, And Possible Ways To Change The Tide

Beth Ann Bovino, US. Chief Economist, New York (1) 212-438-1652; bethann.bovino@standardandpoors.com

Secondary Contact: Gabriel J Petek, CFA, San Francisco (1) 415-371-5042; gabriel.petek@standardandpoors.com

Research Contributor: John B Chambers, CFA, New York (1) 212-438-7344; john.chambers@standardandpoors.com

Table Of Contents

Is Income Inequality Increasing?

When Ends Don't Meet

Not Just The Fruits Of Our Labor

The Impact Of Government Policy

Undereducated Workers: Both Today's And Tomorrow's Catching Up With The Joneses

Secular Stagnation

Not Just A Problem For The Poor

Striking A Palatable Balance

WWW.STANDARDANDPOORS.COM/RATINGSDIRECT AUGUST 5, 2014 1

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HOUSE_OVERSIGHT_025763