Most nonprofit leaders accept the idea that income inequality really exists in this country and that it is a serious, and growing, problem. Of course, every time anyone tries to raise this issue, the response is, “We’ve got to cut the federal budget or the world will come to an end.”
It’s easy to talk about the cost of income inequality, but is that cost easy to quantify?
According to Gail Christopher, Ph.D., of the W.K. Kellogg Foundation and Tamara Draut of Demos, the answer is yes, and during the Independent Sector (IS) conference in New York, they offered several areas in which to put numbers on the price of income inequality and the ways by which ending it will benefit everyone.
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