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    Back to To the Point

    To the Point

    Is Economic Recovery Increasing Economic Inequality?

    Today's Dow Jones Industrial Average jumped over yesterday's record high. It's a "golden age" for corporate profits, which are the largest share of the economy since 1950. But the portion that goes to employees is close to the lowest since 1966.

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    By Warren Olney • May 12, 2014 • 1 min read

    Today's Dow Jones Industrial Average jumped over yesterday's record high. It's a "golden age" for corporate profits, which are the largest share of the economy since 1950. But the portion that goes to employees is close to the lowest since 1966. Both liberal and conservative economists are worried because the gap between the rich and the poor is growing so fast. The gap is also alarming Democrats — and some Republicans. Eighty-five billion dollars in federal sequestration could increase unemployment by 700,000 jobs without making a dent in the markets or corporate earnings. How much is the Obama Administration to blame? Is there a potential fix that might appeal to partisans on both sides?

    The full episode

    2 of 3
    Is Corporate Wealth Costing American Jobs?
    1. 0:00North Korea Threatens Strikes as UN Imposes New Sanctions
    2. 8:06Is Economic Recovery Increasing Economic Inequality?You’re reading this
    3. 42:47Calculating the Financial Costs of Gun Shootings
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • KCRW placeholder

      Kerry Cavanaugh

      editorial writer at the Los Angeles Times

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Evan George

      Director of Content, News

    • KCRW placeholder

      Nelson Schwartz

      New York Times

    • KCRW placeholder

      Sheila Bair

      Federal Deposit Insurance Corporation

    • KCRW placeholder

      Tom Donlan

      Barron's

      NewsNationalPolitics

    The full episode

    2 of 3
    Is Corporate Wealth Costing American Jobs?
    1. 0:00North Korea Threatens Strikes as UN Imposes New Sanctions
    2. 8:06Is Economic Recovery Increasing Economic Inequality?You’re reading this
    3. 42:47Calculating the Financial Costs of Gun Shootings
    Back to To the Point