“An issue like this obviously has major consequences from a socioeconomic perspective in terms of wealth disparity, which we know is a problem on a number of levels. If you separate that from the investment and economic implications in terms of from a macro perspective, what’s driving the economy is ultimately that upper part of the K. The asset owners, the ones who participate in the stock market and in asset markets, as well as those who tended to earn more, really drive the bus economically,” said Aul.
