Income Inequality Is Going in the Wrong Direction Again

Alexia Bădoiu

For a brief period during the pandemic, workers had power. Once the shutdowns ended and the economy rebounded, low-wage workers in many industries were able to negotiate better pay . Meanwhile, a boost in government spending—on stimulus checks as well as improved social benefits—helped keep more families out of poverty. After decades of widening income inequality, it looked like things were finally moving in the right direction. But any hopes that this reversal would last were dashed by the

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