RAND: The Wealth Gap Widens
June 02, 2020
June 02, 2020
SANTA MONICA, California, June 2 -- RAND issued the following commentary:
Whether history considers the current downturn a recession or a depression, it is clear that it will reinforce the growing inequality in our country.
Low-income workers are more likely to have lost their jobs in the pandemic and less likely to have savings to see them through. While the CARES Act increases and extends the reach of unemployment benefits, millions of workers have been unable to file . . .
Whether history considers the current downturn a recession or a depression, it is clear that it will reinforce the growing inequality in our country.
Low-income workers are more likely to have lost their jobs in the pandemic and less likely to have savings to see them through. While the CARES Act increases and extends the reach of unemployment benefits, millions of workers have been unable to file . . .