Setting the Record Straight on Wealth Inequality | Policy Stories

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Though many believe that wealth inequality is getting worse, the data point to a sharp decline in inequality in recent years. These changes can be attributed to better, growth-enhancing economic policy. We see this trend clearly by comparing the patterns of wealth growth during the coronavirus pandemic and the Great Recession.

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Doesn’t it make you ask the question “why”? How could we see people lose their jobs, stay on unemployment insurance, homelessness skyrocket, and crime go up and then say somehow that growth went up? It might possibly be the case that growth did go up for all income brackets but this just feels so doubtful as to warrant a MUCH deeper study of what happened to each sector of the economy over this period.

txstbucket

Having to put an advertisement like this out says alot about the situation.

thomaschellis

wow its so nice to hear that income inequality isnt quite as bad as the numbers show. its still really really bad, but not quite as bad...feel so much better. the gop loves all the temporary numbers that came from an overheated economy, but not the inflation!

joshuap

“Remember to respect your wealthy overlords for they are the ones who are truly oppressed in these difficult times.”

RoccosVideos

So the federal government has kept the minimum wage at $7.25/hr. since 2009. Hasn’t changed since then, but the yearly inflation hikes and virtually limitless bank account/debt accruement from the federal government see no end in sight. Good luck trying to make a good living with these restrictions from the top.

magnanimae