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Nine Charts That Explain Wealth Inequality
The Urban Institute shares a series of infographics—built on research by Signe-Mary McKernan, Caroline Ratcliffe, C. Eugene Steuerle, Caleb Quakenbush, and Emma Kalish—that show why wealth inequality hasn't improved over the past 50 years, and, in particular, why the racial wealth gap has not closed.
According to the post, "income inequality, earnings gaps, homeownership rates, retirement savings, student loan debt, and lopsided asset-building subsidies have contributed to these growing wealth disparities."
For instance, homeownership rates show Black and Hispanic families trailing White families in homeownership.
The post concludes by listing policy recommendations that can make a difference to the country's growing inequality.