Income inequality

1
Income inequality is not a problem
Outsourcing creates inequality
Wages have been a stable pct of GDP
Outsourcing creates efficiency
Income inequality is not a policy issue
Small group
Outsourcing changes nature of work
Rising Y for college males
Inequality is good trickle down
Extreme inequality reduces growth
Y not adj. 4 inflation
More High Y HH, less low Y HH
Inequality is due to skills
Only a small Increase in Real MFI
Should compare change w/in groups
Key Evidence in solid boxes Support in
blue Opinion in dashed boxes Rebuttals in yellow
Wages up for bottom quartile
Bigger increase for rich 1