Prepared Testimony on “Economic Disparities and the Economic Challenges Facing American Families”

The American economy had pervasive disparities before the pandemic. The pandemic exacerbated many of those disparities in market outcomes but the policy response, in many ways, was successful in combatting some of the widening disparities. The policy response, however, was temporary and the pre-existing structural problems in the U.S. economy will remain. That is why I am so pleased that this Select Committee is tackling what I view as the fundamental challenge our economy, and perhaps our society more broadly, faces.