Rewrite the Rules New Report: Rewriting the Rules of the American Economy

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Inequality is a choice.

Since the 1980s, trickle-down economics has shrunk the middle class and increased the concentration of wealth at the top. But it doesn’t have to be this way: We can rewrite the rules that structure our economy and society to promote both stronger growth and shared prosperity.

More and more Americans are stuck in low-paying jobs and burdened by heavy debt loads. Corporations and financial firms rig the system in their favor and chase short-term profits instead of long-term growth. Vulnerable groups including women and people of color face continued structural discrimination.

A piecemeal response will not suffice for problems at this scale. Led by Roosevelt Institute Chief Economist Joseph Stiglitz, Rewrite the Rules sets out a bold and comprehensive policy agenda to to level the playing field for working Americans and small businesses in ways that would generate greater economic growth and rising incomes.

Inequality has been a choice, and it is within our power to reverse it.

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Rules that govern the economy
[Infographic]

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There is no clear relationship between cutting top tax rates and improved economic growth.

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Roosevelt Economic Narrative vs. Conservative Narrative
[Chart]

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7

Number of years the average stock was held in 1940

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$0.78

The amount women earn for every dollar earned by a man
[Infographic]

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7.8%

Net median African-American household wealth as a fraction of net median white household wealth

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63%

The rate of decline in union membership since the 1960s

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“A new manifesto for fighting inequality” – Washington Post

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