Income Inequality: Difference between revisions
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[https://www.epi.org/research/income-and-wages/ by Economic Policy Institute] | [https://www.epi.org/research/income-and-wages/ by Economic Policy Institute] | ||
The House Republicans’ plan to cut Medicaid to pay for tax cuts for the rich would slash incomes for the bottom 40% | The House Republicans’ plan to cut Medicaid to pay for tax cuts for the rich would slash incomes for the bottom 40% | ||
=====The Politics of American Inequality===== | |||
[https://www.intereconomics.eu/contents/year/2020/number/1/article/the-politics-of-american-inequality.html by Jaehee Choi, James K. Galbraith Interconomics] | |||
Rising economic inequality in the United States is closely tied to the high concentration of capital asset ownership, especially corporate stocks and real estate, and to increases in the price of those assets in recent decades. These in turn are closely related to the structural transformation of the economy over 50 years, especially the decline of unionized manufacturing in the Midwest and the rise of finance on the East coast and of the technology sector – mainly information and aerospace – in the West. | |||
