Elderly and Black Americans Are Decreasing Support for Economic Redistrubtion - The Atl... - 0 views
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a new working paper from NBER suggests that by and large, America’s desire to see wealth spread around more evenly hasn’t really increased that much at all in the past 30 years. And in fact members of some of the most vulnerable economic groups are actually less supportive of efforts that would boost the economic standing of the less well-off than they once were.
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For those over the age of 65, support for redistribution has actually waned as inequality has risen. And for black Americans, a group that is overall more supportive of redistribution than their white counterparts, desire for such efforts also decreased.
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It’s not because the two groups have improved their economic standing, or because they had become more conservative in their views about economic policy or political affiliation, researchers found. Instead, it was about how they saw their position in society, and how they thought that redistribution would affect it.
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