The Heat discusses income inequality

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U.S. income inequality is at its highest levels since 1928. The top 10% of earners in the U.S. make more than half of the income. And no one is feeling it more than the American family. CCTV’s Jim Spellman provided an update.

Income inequality in the US compared to OECD countries, China

Among the nations in the Organization for Economic Cooperation and Development, the U.S. has one of the more unequal distribution of wealth between the poor and rich.

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The Heat discussed the issue of income inequality with the following experts:

  • From the U.S. state of Michigan, Lisa Cook, an economics and international relations professor at Michigan State University.
  • Erik Olin Wright joins us from the U.S. state of Wisconsin. He’s a sociologist and professor at the University of Wisconsin.
  • Julianne Malveaux, a labor economist and commentator.
  • The gap between the wealthiest and average Americans is likely to be a major theme of the upcoming U.S. elections. The Heat continued this discussion.