a href="http://rommeldak.wordpress.com/2009/06/13/spending-too-much-or-earning-too-little/" This article illustrates the point /a. The US, the largest economy in the world, had the capacity to buy the goods and services produced during the boom. However, because wages for ordinary people were not rising fast enough, they had to borrow the money to do so. Part of what is behind the US consumer debt crisis is thus the low rate of income growth towards the bottom of the economic scale.div class="blogger-post-footer"img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/38622711-1082556090158481882?l=vinospoliticalblog.blogspot.com'//div
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