The wealth gap is as big as the Grand Canyon!

The good news, according to folks at United for a Fair Economy, is that we can close the gap; all it would take is more of the same type of policies that helped white men into the middle class but this time such policies would help everyone. Indeed, the current wealth at the top didn’t just happen magically, it was created through public policies that as Meizhu Lui explains: “…helped the wealthy gain more assets (such as by taxing income from stock ownership at a lower rate than income from work), while penalizing low-income people for saving (such as through extremely low asset limits to quality for temporary income supplements).”

Of course, there is a lot more to how our society came to be where we are in regards to the wealth gap. And a great illustration of this history is now in a book titled, the Color of Wealth which goes through “the obstacles placed in the path of asset building by government actions and inactions for four different racialized groups, and to detail the boosts given to white people by public policy.”

This book is without a doubt a must read for anyone working to close the wealth gap in our society.