FROM Paul Pierson
Does the Growing Income Gap Threaten the Middle Class? 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.
Is Income Inequality a Threat to the Middle Class? One hundred years ago, in the era of Robber Barons, the richest 1% of Americans had 18% of the nation's income. The income tax, labor unions and the New Deal leveled things out but, since the 1970's, the income gap has been growing again and now it's wider than ever. Are the very rich just the top of a healthy middle class, or is the economy a zero-sum game with top earners refusing to let their wealth trickle down? We hear a debate that underlies the issues being raised in this year's midterm campaigns.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.