How to Fight the Wealth Gap

Tuesday, April 30, 2013

house, mcmansion, (Flickr user Whiskeygonebad/flickr)

A new study from the Urban Institute finds that the gap between the wealthiest and poorest Americans is rising. It seems as though the old American adage that if you work hard and play by the rules, you’ll achieve some kind of economic stability -- if not success -- no longer applies to those who live on the lower end of the economic spectrum.

Earlier this week, urban policy scholar Darrick Hamilton argued that baby bonds or other such social welfare programs could help combat these odds.  But are social reward systems the only answer?  Anne Price, Program Director for Closing the Racial Wealth Gap Initiative suggests some other potential solutions.

Guests:

Anne Price

Produced by:

Tyler Adams and Jessica Miller

Comments [1]

dlmc from SI

Come on. We already have this in effect to a degree. If your parents are on welfare - you qualify for grants that you do not have to pay back. If your parents own a home you are expected to pay back the same "grant". Same education, just the middle class kid is starting with the burden of loans the poor kid does not have.

Apr. 30 2013 05:03 PM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.