Why Recovery from the Great Recession Favored the Wealthy: The Role of Public Policy (Spring 2020)
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“All demographic groups experienced a loss of wealth during the 2007–2009 recession,” writes the Roosevelt Institute’s James Carr, “but lower- and moderate-income populations and people of color suffered the greatest economic damage.” This article explains
why this is so, the direct role public policy played, and the future role the sector can take in helping to reverse the trend of growing economic inequality.
by James H. Carr