Our Obligation To Address Inequality In Our Nation
Even though some people have reacted to George Floyd’s death with criminal acts, and even though some groups have taken advantage of the protests with unethical tactics to further their own cause, the fact remains that economic and racial inequality in America is a disastrous problem. Last February Pew Research released some statistics on economic inequality in America. The findings are here. They reported that the share of all income in America earned by the top 20% of the highest earning families went from 43% in 1968 to 52% in 2018. The share of the highest earning 5% went from 16% to 23%. These numbers represent a substantial increase in the concentration of wealth in the upper class. Meanwhile, the share of income earned by all four of the lower 20% segments of earners declined. The same February report from Pew Research also found: “From 1970 to 2018, the median Continue Reading →