Winner-Take-All Politics: How Washington Made the Rich Richer–and Turned Its Back on the Middle Class by Jacob S. Hacker and Paul Pierson (Mar 15, 2011)

Bill talks with Winner-Take-All Politics authors Jacob Hacker and Paul Pierson.  In this encore presentation, Bill Moyers investigates America’s economic disparity — how it happened and who’s to blame.

BILL MOYERS: This week on Moyers & Company.

BILL MOYERS: Our once and future middle class is fading. Their share of the nation’s income is shrinking, while the share going to the top is growing. Wages are at an all-time low as a percentage of the economy, and chronic unemployment is at the highest level since the Great Depression, but the richest Americans now hold more wealth than at any time in modern history.

PAUL PIERSON: I think a lot of people know that inequality has grown in the United States. But saying that inequality has grown doesn’t begin to describe what’s happened.

JACOB HACKER It’s not the haves versus the have-nots. It’s the have-it-alls versus the rest of Americans.

http://billmoyers.com/episode/encore-broadcast-on-winner-take-all-politics/