Jared Bernstein: Wealth Inequality
One percent of Americans control 22 percent of the nation’s wealth. Former Federal Reserve Chairman Alan Greenspan says a democratic society must address such inequality if it hopes to remain healthy. Are citizens concerned about the gap between rich and poor in the United States? Find out what Jared Bernstein, economist and researcher with the Economic Policy Institute and co-author of “The State of Working America,” thinks about the economic divide and “YOYO” economics.