Now more than ever there’s a need to set partisan differences aside to address the number of Americans living in poverty, activists say. But with no representation for the growing number of people falling into poverty, some are calling fiscal cliff negotiations a threat to our democracy.
Economists are also studying whether the dramatic concentration of wealth at the top is an indication of an economic collapse, a cause of an economic collapse or just a mere coincidence, as they study the concentration of wealth now, compared to 1928.
A new study from the Urban Institute offers strong evidence that the recession has exposed the United States as an economy without equality of opportunity. The study shows a growing disparity in wealth between non-Hispanic white Americans and most minority groups– and argues that major policy reforms are necessary to level the playing field for […]