Rep. Sandy Levin on Income Inequality

Thursday, October 27, 2011

The Takeaway is continuing an ongoing conversation about income inequality in America. This week, the Congressional Budget Office released a new report concluding that income distribution has become vastly uneven over the last three decades. The report found that household incomes for the nation’s richest have nearly tripled in the past 30 years, while the incomes of other Americans have grown by just a fraction.    

Rep. Sandy Levin (D-MI) is the ranking member of the House Ways and Means Committee. He talks about what government can do through policy to fix the income disparity.

Comments [1]

EdwardBurke

What a piece of fluff. (Your corporate sponsor for this segment, the Kellogg Foundation, should wonder properly whether you're delivering.) All you did was mouth mouth mouth the headline, which with the link you provide to the WaPo/Bloomberg report moved the story not one centimeter. To hear Rep. Levin tell it, and to hear intrepid reporters Headlee and Hockenberry let him get away with it, ALL the increase in the disparity of wealth distribution is attributable to the Bush tax cuts! Of course, if you rely on the WaPo/Bloomberg report as your principal source, you won't get the answer, either: who can say whether the CBO report gives a decade-by-decade breakdown of the 1979-2009, our journalistic gatekeepers all elect to keep this information from us, as does the very Congressional Representative you interview who ostensibly has access to the report but who chooses to grandstand politically with the headline. Headline news: that is all anyone could have gotten from this corporate sponsored (but also partially government-funded) little squib.

Oct. 27 2011 09:43 AM

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