Boston Mayor Marty Walsh was in New York City Monday for the first meeting of a task force on income inequality recently formed by the U.S. Conference of Mayors.
Walsh is vice chairman of that task force, and a big focus of his administration is the dramatic wage gap between Boston's well-off residents and its financially struggling ones.
As the gathering took place, a new national report was released concluding that the rich-poor income gap will to continue to widen and that cities can't solve the problem with a "wait-and-see attitude." But mayors can advocate for a solution, the report's authors said.
In the words of New York City Mayor Bill de Blasio: "Mayors are on the front lines, and we must act."
WBUR's Sacha Pfeiffer speaks to Mayor Walsh about his trip to New York.
Jim Diffley IHS Global Insight economist.
- "Mayor Bill de Blasio and about 40 of his peers will release a report on Monday showing that the income gap between the wealthiest Americans and middle and low-income households continues to widen — a trend with no signs of slowing down without policies to shrink the disparity."
- "Across the country, the rich keep getting richer while middle- and low-income households fall further behind. But in Boston, the growing income divide has not been as severe as in other cities, according to a report released Monday."
- "Boston is one of four U.S. cities where the income of the richest households is at least 15 times the earnings of the poorest 20 percent, a Brookings Institution report finds."
This article was originally published on August 12, 2014.
This segment aired on August 12, 2014.