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    Back to To the Point

    To the Point

    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.

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

    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.

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

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

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

      Darrell Satzman

      Producer

    • KCRW placeholder

      Timothy Noah

      Politico

    • KCRW placeholder

      Diana Furchtgott-Roth

      Manhattan Institute

    • KCRW placeholder

      Paul Pierson

      Professor of Political Science, UC Berkeley

      NewsNationalPolitics
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