Making every attempt to boost the sluggish U.S.economy, U.S.President Barack Obama has pledged incentive programs including tax cuts for the middle class that have “for generations,made our economy the envy of the world.” But the program may not be a panacea as income inequality in the United States becomes entrenched.Zhang Monan,a researcher with the State Information Center,discussed this issue in an article recently published in the China Securities Journal.Edited excerpts follow. Making every attempt to boost the sluggish US economy, US President Barack Obama has pledged incentive programs including tax cuts for the middle class that have “for generations, made our economy the envy of the world. ” But the program may not be a panacea as income inequality in the United States becomes entrenched. Zhang Monan, a researcher with the State Information Center, discussed this issue in an article recently published in the China Securities Journal .Edited excerpts follow.