Author Topic: Study finds highest income inequality in cities that voted for Obama  (Read 222 times)

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Offline rangerrebew

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Study Finds Highest Income Inequality in Cities That Voted For Obama

By wkchild on March 8, 2014   • ( 1 )

by Barbara Hollingsworth, CNS News:

President Obama has characterized income inequality as “the defining challenge of our time,” prodding Republicans to come up with “concrete plans” to reduce it.

However, a new study by the Brookings Institute shows that the highest levels of income inequality in the U.S. are found in Democratic strongholds: the nation’s largest cities.

In his Dec. 4, 2013 speech, “Remarks on Economic Mobility,” Obama praised the New Deal and the War on Poverty for building “the largest middle class the world has ever known,” and lamented “a dangerous and growing inequality and lack of upward mobility that has jeopardized middle-class America’s basic bargain – that if you work hard, you have a chance to get ahead.”

The president challenged congressional Republicans to come up with “concrete plans that will actually reduce inequality, build the middle class, provide more ladders of opportunity to the poor.”

But the highest levels of income inequality in the nation are in cities that voted overwhelmingly to reelect Obama in 2012.

“Inequality in big cities exceeds the national average,” according to the study by Brookings senior fellow Alan Berube, entitled “All Cities Are Not Created Equal.”

http://wchildblog.com/2014/03/08/study-finds-highest-income-inequality-in-cities-that-voted-for-obama/
« Last Edit: March 09, 2014, 08:18:34 AM by rangerrebew »
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