Lack of Equitable Growth Widens Racial Wealth Gap

“Efforts to reduce discrimination, equalize access to education, ensure equal treatment by the legal system, and otherwise end racial stratification should continue since they seem to be making real, if slow, progress. But these policies should be paired with broader economic policies to end wage stagnation for Americans of all races and, in so doing, reduce the gaps between racial groups.”

How rising U.S. income inequality exacerbates racial economic disparities
Washington Center for Equitable Growth, Aug. 23, 2018

Related: Income Inequality and the Persistence of Racial Economic Disparities, March 12, 2018

Surging Executive Compensation

From this EPI report: “Regardless of how it is measured, CEO pay continues to be very, very high and has grown far faster in recent decades than typical worker pay. Higher CEO pay does not reflect correspondingly higher output or better firm performance. Exorbitant CEO pay therefore means that the fruits of economic growth are not going to ordinary workers.”

CEO compensation surged in 2017
Economic Policy Institute, Aug. 16, 2018