This incisive study from public policy expert Joseph Parilla highlights how a relatively narrow slice of the US population reaps the rewards of the nation’s economic growth and prosperity, while the majority of the middle class gets left behind. Parilla argues that inaction at the federal level is leaving state and local governments responsible for promoting inclusive growth. getAbstract recommends this thought-provoking report to entrepreneurs, executives, and state, local, and community leaders.
In this summary, you will learn
- How income inequality has grown in the United States,
- Why policies that reduce income inequality can help state and local economies, and
- What local authorities can do to promote initiatives bringing economic opportunities to more people.
About the Author
Joseph Parilla is a fellow at the Metropolitan Policy Program at the Brookings Institution.