Income Inequality: Difference between revisions
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[https://www.ppic.org/publication/income-inequality-in-california/ by Tess Thorman and Daniel Payares-Montoya 3/25 PPIC] | [https://www.ppic.org/publication/income-inequality-in-california/ by Tess Thorman and Daniel Payares-Montoya 3/25 PPIC] | ||
In 2023 (the most recent data available), families at the top of the income distribution—the 90th percentile—earned 11 times more than families at the 10th percentile ($336,000 vs. $30,000, respectively). Only two other states had wider income gaps. | In 2023 (the most recent data available), families at the top of the income distribution—the 90th percentile—earned 11 times more than families at the 10th percentile ($336,000 vs. $30,000, respectively). Only two other states had wider income gaps. | ||
=====Designing economic policy that strengthens U.S. democracy and incorporates people’s lived experiences===== | |||
[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. | |||
