Attacking income inequality in Orange County – Orange County Register

Rising inequality in the distribution of income is a major challenge facing our nation. By almost any measure, income inequality has worsened since 1980.

It is not just a national issue, however. Increasingly, it is hitting closer to home. In 1990, household income in Orange County was 7.5 times greater in the 90th as compared to the 10th percentile. But by 2014, that ratio increased to 10, pointing to greater inequality between rich and poor. The only other counties in the nation to see income disparity widen even more were San Francisco, San Jose and Fairfield County in Connecticut.

There are many reasons for growing income disparity, but undoubtedly differences in educational outcomes are a major part of it. In their book, “The Race between Education and Technology,” Claudia Goldin and Lawrence F. Katz of Harvard University provide evidence that 60 to 70 percent of increasing…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *