Tag: income inequality
Income inequality getting worse in urban areas
Income inequality has surged in the United States over recent decades, surpassing its previous peak in the 1920s.
In 2016, the average income among the...
Fed officials warn inequality is threat to what made U.S. great
NEW YORK –Federal Reserve officials offered a damning take on rising inequality in America and the corrosive effects it can have on the economy.
Fed...
U.S. is a meritocracy but it’s still not fair
Much of the current debate about inherited wealth in a number of Western countries is informed by the notion that most of today’s top...
Elorza lays out plans to foster economic equality in inaugural address
PROVIDENCE – Delivering his second inaugural address Monday, Mayor Jorge O. Elorza called upon the city’s most powerful institutions to help solve Providence’s economic...
Report: Income inequality continues to grow in U.S.
PROVIDENCE - Income inequality in the United States has continued to grow in the years since the Great Recession, though the gap in Rhode...
Report: Providence ranks poorly for income inequality
PROVIDENCE – In 2016, Providence ranked No. 3 for highest income inequality among the most populous cities in the largest 100 metropolitan areas in...
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