[Boston 4 Reuters]-The Boston regional federal governor, Rosengeren, expressed concern about the economic gap between states. “The income distribution gap between the relatively poor and the richer states is no longer narrowing. Migration from the relatively poorer to the richer states has slowed,” the president said. .
In the United States, income growth in relatively poor areas is greater than wealthier areas in most of the 20th century, workers move for the best opportunities, and the benefits of economic growth extend to lower education It was.
This process has been reversed since the 1980s. As a result of this, the economic division between successful and non-successful regions is “screaming for a solution”. The president showed this recognition in the opening remarks (manuscript) at the research conference on the division.
The president said, “Housing costs in prosperous areas are too high for workers in less wealthy areas.” “We need to try a new policy,” he pointed out.
