free lunch
GRITtv: David Cay Johnston
David Cay Johnston, author of "Free Lunch," talks about the growing and continuing disparity in incomes between the very rich (ie. those that make more than $10 million per year) and the rest of us. Incomes over the last ten years have grown for those at the top, as George Bush promised when he lowered taxes. For the rest of us, real income has lessened.
Email this pageGRITtv: September 16, 2009
One year on from the sinking of Lehman, and the conventional wisdom seems to be that we’ve moved away from the precipice. But not everyone is so sure. If anything has been preserved, if not enlarged, it is the deep inequalities of American capitalism. Not only that, but are the necessary regulations in place to prevent a second storm? Discussion with David Cay Johnston, author of "Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense."
