Income Inequality: Difference between revisions
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[https://equitablegrowth.org/designing-economic-policy-that-strengthens-u-s-democracy-and-incorporates-peoples-lived-experiences/ by Alexander Hertel-Fernandez,Shayna Strom 30/4/25 Washington Center for Equitable Growth] | [https://equitablegrowth.org/designing-economic-policy-that-strengthens-u-s-democracy-and-incorporates-peoples-lived-experiences/ by Alexander Hertel-Fernandez,Shayna Strom 30/4/25 Washington Center for Equitable Growth] | ||
Around the globe, people are increasingly dissatisfied with the state of democratic capitalism. In the United States and other rich democracies, economic policy has too often in recent decades produced rising economic inequality across individuals, as well as regions within countries, stagnant economic growth and innovation, rising costs of essential goods and services such as housing, health care, and education, greater economic insecurity, and declining job quality and stability. | Around the globe, people are increasingly dissatisfied with the state of democratic capitalism. In the United States and other rich democracies, economic policy has too often in recent decades produced rising economic inequality across individuals, as well as regions within countries, stagnant economic growth and innovation, rising costs of essential goods and services such as housing, health care, and education, greater economic insecurity, and declining job quality and stability. | ||
=====Rising Economic Inequality in the US: Key Statistics and Root Causes===== | |||
[https://sites.lsa.umich.edu/mje/2022/02/08/rising-economic-inequality-in-the-us-key-statistics-and-root-causes/ by Malak Kalasho ME] | |||
Since its beginning, the United States has prided itself on being the land of opportunity, a place in which all individuals have the opportunity to succeed. Many people continue to refer to it as such, but a closer look at wealth and income distribution in the U.S. tells a different story. To the extent to which success depends on economic status and mobility, the notion that the U.S. is still the land of opportunity is simply false. | |||
