In America, business is doing well. Investors are doing well. And workers, for decades, have gained almost nothing. There is a very simple solution: share the profits.
Ivanka Trump would like you to imagine a table.
The good news: our relatively strong economy helped to raise wages for everyone in 2016. The bad news: this is a mere blip in the context of overall inequality. And it’s likely to get worse.
America’s devastating racial wealth gap is the clearest possible evidence of our nation’s racist history. If we ever want to deal with it, we have another problem to deal with first: the wages of black people are inexcusably low. And it’s getting worse.