Distributional Issues News Today

Wages in some parts of the country didnt move at all last year. and that particularly means that, you know, families at the bottom are struggling. and while wages arent growing, were also seeing the uninsured rate going up. so the last couple years, the number of people without insurance has been increasing. child care costs are rising. and people dont have access to paid leave. i just want to put this together for you and say what do we see? we see a strong economy where people arent having chi...

Significant income in wealth gains for those at the very top and stagnant living standards for the majority. i think its appropriate to ask whether this trend is compatible with values rooted in our nations history. >> this was janet yellen speaking at the boston reserve meeting earlier, the boston federal reserve meeting earlier this year. what is the role of the fed share in terms of inequality? >> i think that was a fabulous quip. this is unprecedented. the fed never talks about distributiona...