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

It's News Day Tuesday on The Majority Report On today's program: The Donald Trump administration has issued an executive order calling for a reduction in the number of vaccines routinely recommended for children. It also suggests spacing vaccinations across five separate appointments ...
Welcome back to The Majority Report On today's program: With each passing day the price of ending Trump's war on Iran gets higher and higher and Senator Chris Murphy says he is prepared to accept a terrible deal just to stop the bleeding from this failed effort. Cecilia ...
It's Casual Friday on The Majority Report On today's program: The Bureau of Labor Statistics releases July jobs report and for a third-straight month the numbers are bleak. The U.S. lost 23,000 jobs last month. Director of the National Economic Council, Kevin Hassett makes the media ...