Is Income Inequality Bad. Income inequality is blamed on cheap labor in China unfair exchange rates and job outsourcing. Why does it matter. Causation is not correlation. But the rising income gap is manifesting itself in American society in other ways too.
But the rising income gap is manifesting itself in American society in other ways too. The Paris-based organization of leading developed and developing economies late last month issued its latest finding in its report In It Together. The less equal the distribution the higher income inequality is. The social and economic instability of the 1920s and 1930s produced some positive examples of social choices but it also produced Fascism in Italy and Spain and Nazism in Germany. Income inequality isnt as bad as you may think By Aparna Mathur opinion contributor 011218 1045 AM EST The views expressed by contributors are their own and not the view of The Hill. But they must remain competitive.
Thomas Piketty concedes that it matters how one gets rich and that many rich people made their money legitimately.
Inequality isnt always bad. But as Democrats and Republicans wrangle over fiscal fairness and taxation some experts argue that income inequality is not such a bad thing. This work finds that countries where income inequality is decreasing grow faster than those with rising inequality. That teenage mothers obesity infant mortality mental illness imprisonment and poor education and health-care CAUSE income inequality. As a result many companies have outsourced their high-tech and. Income inequality is often accompanied by wealth.