Take Two

News and culture through the lens of Southern California. Hosted by Alex Cohen & A Martínez

How the debt ceiling showdown could worsen the 'Great Gatsby Curve'

by Take Two

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A graph depicting economist Alan Krueger's Great Gatsby Curve. Whitehouse.gov

Income inequality has been rising steadily for decades, and the weak recovery is causing the gap between rich and poor to widen even more. White House economist Alan Kruger dubbed it the "Great Gatsby Curve" after the novel's farm-to riches protagonist.

Now a looming showdown over the debt ceiling in Washington could stretch that gap even further.

Reporter Victoria Stilwell of Bloomberg joins the show with more. 

 

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