Advertisement
Prescriptions For Increasing Economic Mobility In Massachusetts
ResumeBy just about every measure, inequality in Massachusetts is growing.
Millennials cannot afford to buy houses in Greater Boston. In the past several years income for the state's wealthiest 1 percent grew by almost 50 percent, and for everyone else, it shrank. We will talk about some policy prescriptions being put forward on everything from health care to government transparency to try to increase economic mobility.
Guests
Jim Stergios, executive director of the Pioneer Institute. He tweets @jimstergios.
Mary Connaughton, director of government transparency and director of finance and administration at the Pioneer Institute. She tweets @maryzformass.
Noah Berger, executive director of the Massachusetts Budget & Policy Center, which tweets @MassBudget.
More
Pioneer Institute: Agenda for Leadership 2015
- "The book offers practical proposals to bring about social mobility across four policy areas – education, healthcare, better government and economic opportunity – to restore the freedom to prosper and pursue happiness in the Bay State."
Mass. Budget & Policy Center: The State of Working Massachusetts
- "Wage-driven income stagnation also is a core cause of the growth of extreme income inequality. We see both nationally and here in Massachusetts, a pattern where the top 1 percent of households now capture the overwhelming majority of all income growth."
Economic Policy Institute: A State-by-State Analysis of Income Trends
- "During the recession of 2007 through 2009, households at all income levels, including the wealthiest, saw declines in real income due to widespread job losses and the loss of realized capital gains. But the incomes of the richest households have begun to grow again while the incomes of those at the bottom and middle continue to stagnate and wide gaps remain."
This segment aired on June 8, 2015.