This Economic Policy Could Break the Poverty Cycle

On this episode

About this episode

The “American dream” has long been regarded as the pinnacle of success, rewarded to all who display hard work and pick themselves up by their bootstraps when life knocks them down. This might be our culture’s prevailing narrative, but it actually rarely bears out this way. The truth is that our system is full of inequities that put large swaths of people in our country at significant odds with building wealth. Intergenerational wealth, or the passing on of wealth within generations of a family, gives a notable advantage to those who have it, and often leaves those who don’t economically burdened. Income inequality in the U.S. continues to persist and the median income of white people…