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