The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
Alice Rivlin Quotes
The job of the Central Bank is to worry.
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| Birth: | 4th March, 1931 |
| Nationality: | American |
| Profession: | Economist |
About
Alice Mitchell Rivlin is an economist, a former U.S. Cabinet official, and an expert on the budget. She has served as the Vice Chairman of the Federal Reserve, the Director of the White House Office of Management and Budget, and the first Director of the Congressional Budget Office. In early 2010, Rivlin was appointed by President Barack Obama to his National Commission on Fiscal Responsibility and Reform. Upon graduation, Rivlin moved to Europe. In Paris she held a junior position working on the Marshall Plan. Rivlin applied to the public administration program at Harvard, but was rejected on the grounds that as a woman of marriageable age she was a poor risk. Instead she applied to Harvard's economics program and earned a Ph.D. from Radcliffe College in 1958.
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