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Inequality in America

Inequality in America. Open Classroom “The Role of Government in the 21 st Century Barry Bluestone Dean, School of Public Policy and Urban Affairs Northeastern University October 5, 2011. The Post-War Glory Days. The “Great U-Turn”. The “Great U-Turn” Continues.

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Inequality in America

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  1. Inequality in America Open Classroom “The Role of Government in the 21st Century Barry Bluestone Dean, School of Public Policy and Urban Affairs Northeastern University October 5, 2011

  2. The Post-War Glory Days

  3. The “Great U-Turn”

  4. The “Great U-Turn” Continues

  5. “Murder on the Inequality Express” • Suspect 1: Technology • Suspect 2: Deindustrialization • Suspect 3: Deregulation • Suspect 4: Declining Unionization • Suspect 5: Downsizing • Suspect 6: Winner-Take-All Labor Markets • Suspect 7: Free Trade • Suspect 8: Capital Mobility • Suspect 9: Immigration • Suspect 10: Trade Deficits

  6. Income Mobility

  7. Family Income Mobility (1969-1979)

  8. Family Income Mobility (1989-1998)

  9. Wealth Inequality

  10. Top 1% of Households

  11. Changes in the Distribution of Net Worth (1962 vs.2004)

  12. Top 10% of Households own 78.8% of Stock Market Holdings

  13. Recent Income Trends

  14. The “Great Recession”

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