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 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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