Sentences with phrase «greater wealth inequality»

Because renters typically have much lower net worth than homeowners, a metro area's low homeownership rate is associated with greater wealth inequality.

Because of the political divide between supply - siders and demand - siders, most economists either oppose any and every policy that increases the savings rate through greater wealth inequality, or oppose any hint of demand management, especially if it involves fiscal spending.

The country has the greatest wealth inequality since the late 1920s and trust in American institutions, including media and Congress, is hovering near all - time lows.

Not exact matches

Greater saving has been driven by increases in inequality and in the share of income going to the wealthy, increases in uncertainty about the length of retirement and the availability of benefits, reductions in the ability to borrow (especially against housing), and a greater accumulation of assets by foreign central banks and sovereign wealthGreater saving has been driven by increases in inequality and in the share of income going to the wealthy, increases in uncertainty about the length of retirement and the availability of benefits, reductions in the ability to borrow (especially against housing), and a greater accumulation of assets by foreign central banks and sovereign wealthgreater accumulation of assets by foreign central banks and sovereign wealth funds.

Preston (1991), who values the economic efficiency of the market, nevertheless acknowledges that left to itself the market leads to great inequalities of wealth and is unable to cope with environmental degradation such as is caused by industrial pollution.

I believe the Commission's work is vitally important because inequalities in wealth in Britain are greater even than inequalities in income.

Twenty - three years after the end of the racist, repressive apartheid regime, South Africa remains a country with enormous resources and great wealth but also massive inequality and deep poverty.

D.C. suffers from steep wealth inequality, which maps along racial lines: According to a 2016 report from the Urban Institute, white households in D.C. boast a net worth 81 times greater than that of the average black household.

«Contrarily to what we initially hypothesized, gender inequalities... were not lower in those welfare state regimes with greater levels of wealth redistribution and more universal policies for social protection nor, more specifically, among the most privileged... occupational social classes,» Campos - Serna writes.

Agreed, part of that problem is related to the legislatures own hesitance in trying to counter the constant deluge of misinformation about taxes, income inequality, education, and social serves that emerges from right wing think [sic] tanks, talk radio, most of the «punditry,» and the neo-liberal water - carriers of the malefactors of great wealth.

Despite the income and wealth inequalities in Canada, chances are you're discovering that it's a great time to be Canadian and most of us have an awful lot to be grateful for, however we stack up to those around us.

Poverty is at record levels, with great spikes along racial lines (10 % + higher than the national average) and for young families with children (incredibly 37 %) as is wealth inequality.

• According to a 2012 report complied by Emmanuel Saez and Gabriel Zucman, the top 0.1 % of families in the US own almost the same share of wealth as the bottom 90 % combined — signaling levels of wealth inequality not witnessed since the Great Depression.

During the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22

Given that home owner wealth is typically far greater than renter wealth, simple math will tell you that the rising ranks of renters and the shrinking ranks of home owners are a key indicator of the growing inequality across the country.