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Income Inequality Surge

The pandemic has acted as an accelerant, exacerbating existing income and wealth disparities, particularly among racial groups. As Jim explains, the middle class has faced a series of unhealthy trends over the past few decades, with significant implications for those entering the crisis with already limited resources. The post-World War II economic boom, fueled by the inclusion of diverse workers, now feels like a distant success story as inequalities reach alarming new heights.