US needs new way to measure and advance economic fairness, group says

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The U.S. must change how it measures the well-being of its people - including gauging how much of a voice they feel they have in political outcomes - as part of a larger effort to reverse rising inequality across the economy. There is growing concern about a contradiction in the U.S. economy: jobs are plentiful and economic growth is strong, especially compared with other advanced economies, but surveys show many Americans are sour about the outlook. "We're close to full employment by traditional measures," said Matthew Slaughter, a member of the commission that wrote the report and the dean of Dartmouth College's Tuck School of Business.

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