Inequality Greatest in Vibrant Cities
Posted at 8:25 a.m. on Feb. 20, 2014
A new Brookings Institution study of local income trends “found that inequality is sharply higher in economically vibrant cities like New York and San Francisco than in less dynamic ones like Columbus, Ohio, and Wichita, Kan,” the New York Times reports.
“The study, released on Thursday, comes as a number of cities across the country are trying to tackle income inequality and expand opportunity through measures like increasing the minimum wage, which President Obama has promised to do at the federal level. In no city is the effort more prominent than in New York, where the new mayor, Bill de Blasio, has promised higher taxes for rich families and better services for poor ones, including expanded early-childhood education and affordable-housing developments.”