Episode

6/29 Thomas Shapiro: Toxic Inequality: How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future

June 29, 2017

When Mitch McConnell promised to fight to expand health care and not destroy it.

Thomas Shapiro, the Pokross Professor of Law and Social Policy and Director, Institute on Assets and Social Policy at Brandeis University and author of, “Toxic Inequality: How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future”, explains the trend towards stalled social mobility in America. The intersection with the widening racial wealth gap. Intergenerational wealth and race. The estate tax and structural inequality. The absurdity and danger of cutting the estate tax. Housing policy and wealth generation. Social Security and the exclusion of African Americans. Schools, property taxes and inequality and the myth of understanding generational wealth and how we deluded ourselves about how wealth is generated and why all American families need assets and social protection.

On The Fun Half: Trump throws tantrum aimed at Morning Joe on Twitter. Sarah Huckabee does more hopeless spinning. Dana Loesch with a bizarre NRA ad and a trip down conspiracy theory lane. African American off duty cop killed and the bigger picture of policing and the African American community and your calls and IMs.

Past Episodes

Welcome back to The Majority Report On today's program: Israeli journalist at Haaretz, Shlomi Eldar, reports on Benjamin Netanyahu receiving advance notice of the October 7 attacks from the UAE president. Netanyahu reportedly failed to brief any of Israel's security chiefs. Donald ...
It's Casual Friday. On today's program: JD Vance is asked by Kaitlin Collins about the widow of an airman who was killed in the War on Iran, struggling access to benefits due to there being no real declaration of war. Vance says he is grateful for the sacrifice and offers his love. That ...
It's an Emmajority Report Thursday On today's program: Trump suspends tariffs on imported beef from South America at a devastating cost to American ranchers. According to the Wall Street Journal, the plan to flood the markets with foreign beef was influenced by a Brazilian billionaire, ...