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Friday, September 20, 2013

Robert Reich asks Bill Moyers: ‘When do you reach a point where inequality is simply too much?’ | The Raw Story

Robert Reich asks Bill Moyers: ‘When do you reach a point where inequality is simply too much?’ | The Raw Story:

Robert Reich asks Bill Moyers: ‘When do you reach a point where inequality is simply too much?’

By Arturo Garcia
Friday, September 20, 2013 19:34 EDT
Robert Reich and Bill Moyers discuss financial inequality [BillMoyers.com]
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Economist Robert Reich found himself slightly agreeing with former Republican presidential candidate Rick Santorum in an interview with Bill Moyers, arguing that while he doesn’t support “equality of results,” the problem with the U.S. financial system is a lack of equality when it comes to opportunity.
“The question is not inequality, per se,” Reich told Moyers on Friday. “The question is, at what point do you tip over, do you get to a tipping point where the degree of inequality actually is threatening your economy, your society, your democracy? When do you reach a point where inequality is simply too much? Where most of your people feel like the game is rigged.”
Reich told Moyers that when the country’s tax laws are weighed in favor of the wealthy, that