It's Been Another Decade Of Income Inequality In The U.S.
NPRIt's Been Another Decade Of Income Inequality In The U.S. NPR's Steve Inskeep talks to David Wessel of the Hutchins Center at the Brookings Institution about rising income inequality amid the longest period of economic expansion in U.S. history. STEVE INSKEEP, HOST: What brought about another decade of growing income inequality in the United States? And even after you take account of federal taxes and means-tested government programs like Medicare, which take money from the top and give it to people at the bottom, the Congressional Budget Office says that the overall incomes of the bottom fifth of the population rose by 34% after adjusting for inflation during the decade. INSKEEP: What has the stock market done, if anything, to income inequality over the last decade?
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