The Economic Record of the Obama Administration: Progress Reducing Inequality

Source: White House, Council of Economic Advisors, September 2016

….This report focuses on three specific areas where the Administration has achieved its most substantial and immediate success in reducing inequality—restoring economic growth, expanding access to health insurance, and enacting a fairer tax code. However, over the last eight years, the Administration has undertaken a much broader set of initiatives designed to address inequality and promote opportunity. Some of these efforts, such as investments in early childhood education and job training, are designed to have longer term impacts. In addition, the President’s Fiscal Year 2017 Budget proposes numerous reforms that would further boost incomes for working families, expand opportunity, and reduce inequality….