In 1915, the top 1% of Americans had 18% of the nation's wealth. Now they have 24%. That's despite the invention of labor unions, government regulations and the income tax. Timothy Noah, senior writer for the online magazine Slate.com, has written a 10-part series on income inequality, its effect on the economy and what can be done to reverse the trend.
Does the Growing Income Gap Threaten the Middle Class?
Credits
Guests:
- Timothy Noah - Politico - @TimothyNoah1
- Diana Furchtgott-Roth - Manhattan Institute - @FurchtgottRoth
- Paul Pierson - Professor of Political Science, UC Berkeley