The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
More Quotes from Alice Rivlin:
They've been excellent appointments. These people are in the tradition of strong, well-qualified, non-ideological economists.Alice Rivlin
Indeed, I hope to spend more time and to be more effectively involved in the city than I have been able to be at the Fed,
Alice Rivlin
The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.
Alice Rivlin
What he's likely to do is to continue writing and speaking, as he has done to some extent at the Fed, and pursuing his interests in economics, which are very intense, ... He loves working with data and thinking of new ideas about the economy. I suspect we will get some of that, and in some ways, he'll be a little bit freer to speak.
Alice Rivlin
No one's really worried about inflation right now.
Alice Rivlin
Readers Who Like This Quotation Also Like:
Based on Keywords: longtime, low-income, middle-How do you dare to ask me for a solution? It's like asking Seneca for a solution. You remember what he did? He committed suicide!
Oriana Fallaci
Be friendly to everyone. Those who deserve it the least need it the most.
Bo Bennett
People in their handlings of affairs often fail when they are about to succeed. If one remains as careful at the end as he was at the beginning, there will be no failure.
Lao Tzu