Inequality

We share this press release from the Senate Ways and Means Committee on the Senate’s passage of bill S.2107 to “strengthen the Massachusetts Equal Pay Act to further close the wage gap between male and female workers in the Commonwealth.” The bill now goes to the House of Representatives for consideration.

Tom Friedman’s January 29th New York Times column reinforces the argument I made in my series on inequality.  Automation is increasing inequality by eliminating middle-skill jobs.  It also reinforces the thought that we need to retool our education system to encourage more initiative and project creativity — it isn’t enough to be able to pass tests.  […]

Education seems central to the response to both inequality and income stagnation.

There is now broad recognition that globalization and automation are the driving forces behind the squeeze on the middle class.

Even within the middle class, there has been widening inequality.