Ad
related to: who suffers from economic inequality in america article today
Search results
Results From The WOW.Com Content Network
Most Americans believe there is too much economic inequality in America, according to a 2020 report from Pew Research. More than half of Americans also believe rich people and corporations don’t ...
Although some spoke out in favor of moderate inequality as a form of incentive, [296] [297] others warned against excessive levels of inequality, including Robert J. Shiller, (who called rising economic inequality "the most important problem that we are facing now today"), [298] former Federal Reserve Board chairman Alan Greenspan, ("This is ...
Economic inequality risks creating social discontent, which can boil over into political conflict, according to Zia Qureshi, a Senior Fellow at the Brookings Institution.
Much of the reason that economic inequality is so stark in modern America is wage stagnation. The federal minimum wage has been $7.25 an hour since 2009, the longest Congress has ever let it erode ...
According to a working paper released by the Society for the Study of Economic Inequality entitled "Tax policy and income inequality in the U.S.,1978—2009: A decomposition approach," tax policy can either exacerbate or curtail economic inequality. This article argues that tax policy reforms passed under Republican administrations since 1979 ...
A September 2014 report by the Economic Policy Institute claims wage theft is also responsible for exacerbating income inequality: "Survey evidence suggests that wage theft is widespread and costs workers billions of dollars a year, a transfer from low-income employees to business owners that worsens income inequality, hurts workers and their ...
Exacerbating inequality: Oxfam, in a report compiled using publicly available data, argued that the largest US firms have also reinforced gender and racial inequality in the workplace by ...
He notes that, in a globalized economy, those with only physical labor to offer suffer. [20] He argues that investments in education, especially higher education, will result in higher rates of economic growth and lower income inequality. By eliminating racial segregation, Massey argues that many divides between races that exist would be broken ...