03/18/2010 05:12 am ET Updated May 25, 2011

Income Inequality Needs To be Addressed Now: Financial Times

The financial crisis spurred many policymakers around the world to meet challenges with bold, creative, non-partisan solutions. As the crisis and recession recede, policymakers must refocus on persistent structural challenges. Top of the list in the US -- and elsewhere -- is income inequality.

US data remain sobering. Recent figures from the Internal Revenue Service show that in 2007 the top-percentile income share reached 23.5 per cent, continuing a 30-year increase.