What would be a potential outcome if the wage gap issue were resolved?

The potential outcome of resolving the wage gap issue leading to nearly $450 billion being infused into the U.S. economy highlights how closing this gap can result in significant financial benefits. When wages are equalized, workers—especially women and marginalized groups—gain higher earnings, which allows them to spend more on goods and services. This increase in consumer spending stimulates economic growth, contributing to higher demand for products and services across various sectors.

Moreover, lifting wages helps improve the overall standard of living, which can increase job satisfaction and productivity as workers feel more valued and financially secure. This positive cycle not only boosts individual households but also enriches businesses and communities, creating a healthier economy overall. This outcome is supported by various economic studies that demonstrate that wage equality can lead to broad economic improvements, including an increase in purchasing power and potential job creation.

The other listed outcomes, such as higher taxes, increased unemployment, and decreased workforce productivity, do not logically follow the positive impact of resolving the wage gap and detract from the overall economic benefits that are anticipated when earnings are made more equitable.