Which Way, L.A.?
Zero-Sum Politics in an Age of Austerity
It's no surprise that older Americans have accumulated more wealth and earn more income than their children and grandchildren. But a recent study shows the gap is growing much faster than previously reported.
It's no surprise that older Americans have accumulated more wealth and earn more income than their children and grandchildren. But a recent study shows the gap is growing much faster than previously reported. The growing federal deficit and demands for spending cuts create a sense of scarcity that's pitting Americans against one another. We look at the impact of that and other "fault lines" between Americans in this election year.
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