Main points:
NY Governor Andrew Cuomo proposed reducing inequality by lifting up the bottom instead of pulling down the top.
Even if minimum wage was $15 per hour, income inequality still would have increased over the past five years.
The 1990’s had excellent income growth overall, but much more for the top 10% of earners than the bottom 90%.
Discussion Questions:
- Should we be worried about income inequality as a society?
- How do you recommend we decrease income inequality in the US?
- What should we do here in San Mateo about income and wealth inequality?
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