Opinion: No matter how you measure income inequality, the most effective way to reduce it is through policies that encourage job-creating, wage-increasing economic growth
With the Democratic presidential campaign under way, get ready to hear a lot about economic inequality. Sen. Elizabeth Warren, who’s surging in the polls, has complained about “a rigged system that props up the rich and the powerful and kicks dirt on everyone else.” In reality, the strongest economy in more than a decade is bringing benefits to everyday Americans.
According to an April study by the New York Federal Reserve, the average starting wage offer for full-time employees jumped from $58,035 in November to a series...
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