Economic pain in the United States is obvious and palpable everywhere except in the stock market. This spotlights inequality that has been increasing for decades. Undoing disparities will require firm policy commitment over many years.
As the debate over tax reform continues, finding ways to help the most disadvantaged segment of the population should be considered. Expanding the Earned Income Tax Credit and outreach to low-income populations could increase incentive to file or promote awareness about benefits and generate positive impacts in the longer term.
The rental affordability crisis was caused by declining incomes since 2000, the slowing of new construction, households getting smaller, and the seven million foreclosures during the recession. It is a national problem in need of a national solution.
It's hardly shocking that women do most of the housework, but a recent RAND study found that even where the female partner earns more than the male partner, she still contributes a far larger proportion of her time to household tasks: 21 hours per week compared to 13.
One of the chief aims of the Affordable Care Act (ACA) is the expansion of insurance coverage to individuals who at present either cannot afford it or choose not to purchase it. Unfortunately, many Americans lack the financial literacy needed to navigate the numerous and complex options thrust upon them by the ACA.