Changing Inequality in the United States Today
Changing Inequality in the United States Today
This chapter focuses explicitly on the current economic environment in the United States. It discusses possible ways in which the major economic shock caused by the recently experienced global economic recession might influence long-term trends in inequality. It notes that the most likely outcome is that the current trends will persist and that the forces that have been driving increased inequality over the past three decades will continue to operate. It adds that there are possible economic and political changes that may emerge from a deep and sustained recession that could alter the recent trend toward increased inequality and equalize incomes in the years ahead.
Keywords: United States, economic environment, economic shock, global economic recession, inequality, political changes, economic changes, income
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