Two perspectives on income inequality

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Guests: James Pethokoukis, Lawrence Mishel

In recent months, Republicans have been incorporating language relating to income inequality in their speeches and interviews. Senate Majority Leader Mitch McConnell and House Speaker John Boehner discussed inequality in a recent edition of 60 Minutes. Mentions of income inequality have also made thier way into recent speeches by Senator Ted Cruz, 2012 presidential candidate, Mitt Romney, and it is even central to the platform of former-Governor Jeb Bush, who is running for president in 2016. And while this is a shift in messaging for the Republicans, those on the left-side of the aisle have been using the language of “the one percent” since the advent of the Occupy Wall Street movement, as well as the publication of Thomas Picketty’s Capital in the Twenty-First Century. Today, we get two different perspectives on how to manage the widening income gap in the United States. We’ll hear from voices on both sides of the political spectrum and get their perspective on income inequality. We’re joined by JAMES PETHOKOUKIS of the American Enterprise Institute, and by LAWRENCE MISHEL, president of the Economic Policy Institute

(AP Photo/Richard Drew)

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