The U.S. Economy Is on a Roll, but What About the Little Guy?

Economics, America

Not everyone is benefiting.

The U.S. Economy Is on a Roll, but What About the Little Guy?

Ideally, everyone gains equally from an economic expansion, regardless of its length.

The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the data still being collected bears this out.

This is certainly good news and something to celebrate. But, as an economist who focuses on income inequality, I believe it’s important to look deeper into the data to see who really has gained from this record economy.