Income inequality in the United States has grown substantially in the past quarter-century. Even the long ongoing economic recovery of the 1990s has done little to stem the tide. In the near future, market forces are unlikely to alleviate the hardship for low-income families who have borne the brunt of economic changes. Several public policy reforms, however, could raise the living standards of low-income families and workers.
Commentary
Winners and Losers: The Era of Inequality Continues
September 1, 1999