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Jack & Jill Prosper
By Dickson Igwe
The materially contented working man and woman drive economic growth. Spending by the working and middle class is the panacea for a strong economy. Prosperous societies comprise of working men and women who live well above minimum wage subsistence. The working and middle class spender is the true driver of aggregate demand. Consumer demand is central to modern economic thinking on how to build economic growth in a world where deflation is rearing a head.