
In the Trump Era, Income Inequality Viewed Through the Lens of White House Wealth
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The Takeaway is broadcasting from public radio station KWMU in St. Louis, Missouri this week. The state is nearly right in the middle of the pack when it comes to income inequality in the U.S., ranking 22nd out of the 50 states, according to a report issued last year by the Economic Policy Institute.
Though this is a city of second chances, it also represents America's growing issue of wealth inequality. It's the place where a few blocks separates the richest and poorest citizens. But perhaps one of the greatest example of wealth inequality in the United States can be found in the Washington, D.C.
On Friday, the Trump Administration disclosed financial information from top officials, and while the White House seemed proud that its officials have more substantial financial holdings than the Obama Administration, the disclosure once again called into question whose interests are actually at the heart of this administration.
Steven Fazzari, professor of economics and sociology at Washington University in St. Louis, joins The Takeaway to discuss where income inequality might be heading under President Trump.