What is your plan to reduce economic inequality and ensure a fair opportunity for all Americans?
Avery Lennox — President · Administration · United States
Labor
Responses
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How I have addressed issues like this in the past
As President, I signed legislation that reduced healthcare costs for millions of Americans, expanded access to affordable childcare, and closed tax loopholes exploited by corporations. These policies directly improved the lives of working families. My leadership has shown that we can address inequality without compromising economic growth.
The facts behind this issue
The wealth gap in America is at historic levels. The top 1% of earners now control more than 40% of the nation’s wealth, while working families struggle with stagnant wages, rising housing costs, and crushing student debt. Addressing this disparity isn’t just an economic issue—it’s a moral imperative for the future of our democracy.
What I would do differently
Unlike past administrations that relied solely on tax cuts or piecemeal reforms, my approach takes a comprehensive view. My administration has already introduced measures to raise the federal minimum wage, expand the Child Tax Credit, and invest in workforce development programs. Moving forward, we’ll implement a progressive tax system that ensures corporations and the wealthiest Americans pay their fair share, while providing targeted relief for middle- and low-income families.
Where we have gone wrong in the past
For decades, we’ve allowed trickle-down economics to dominate policy, promising that tax cuts for the wealthy would benefit everyone. Time and time again, this approach has failed. My administration is correcting course with policies that prioritize working families and equitable growth.
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How I am best suited to handle this
As an economist, I’ve spent my career studying wealth inequality and designing policies that address systemic barriers to economic mobility. I’ve worked with governments and nonprofits to implement programs that have reduced poverty and expanded access to education and job training. My expertise ensures that my policies are grounded in evidence and will deliver results.
The facts behind this issue
Over 70% of Americans have less than $1,000 in savings, while the richest Americans continue to accumulate wealth at unprecedented rates. Without bold action to address structural inequities, this disparity will continue to grow, jeopardizing the economic security of millions.
What I would do differently
Unlike the President and Senator Reed, I would address the root causes of inequality—educational disparities, systemic discrimination, and access to affordable housing. My plan includes universal pre-K, tuition-free community college, and significant investments in affordable housing programs to level the playing field for all Americans.
Where we have gone wrong in the past
We’ve allowed the wealth gap to widen by underfunding education, neglecting affordable housing, and failing to regulate predatory financial practices. My plan ensures that every policy we implement addresses these long-standing systemic failures.