Mon, April 6
Jinkook Lee, Wellbeing of the Elderly in East Asia
a PSC In The News reference, 2012
"Shrink Inequality to Grow the Economy?" - New York Times. 10/19/2012.
In this online forum on using federal policy to decrease U.S. inequality and expand the economy, Sheldon Danziger says that the advantages of recent economic growth were distributed unequally, with the wealthy pulling further ahead and more workers falling into poverty. Given this, he says: "We need substantial government help to raise the economic prospects and family incomes for those who benefit little from today’s economic growth. Their higher incomes together with increased support for their children’s educational attainment, from preschool through college, would increase social mobility and contribute to more rapid, less-unequal growth in the future."