Monday, December 21, 2015

America's zip code inequality

Inequality remained a prominent theme in public debate during 2015, likely helped by the unexpected rise and resilience of democratic socialist Bernie Sanders' run for the Democratic presidential nomination. Although the labor market continued its slow recovery, wage growth remained fairly weak —especially for middle and low earners. The upper middle class continues to pull away from the middle , not least in terms of income and wealth. But it has also become much clearer that inequality is a geographical issue, as much as a social and economic one. Whether the focus is on the more......(read more)
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