About this episode

January 24, 2018

Richard Reeves

Hosted by Douglas Blackmon

The promise of America is that any person born on the bottom rung of this country’s socioeconomic ladder can climb their way to prosperity. But today a new challenge has emerged: massive income inequality. The Occupy Wall Street protests in 2011 introduced us to the notion that the top one percent is hoarding wealth and opportunity. But is that really where the focus should be? Or is the real problem the top 20 percent—upper-middle-class families with incomes above $100,000? That’s the argument of our guest this week. RICHARD REEVES is a senior fellow of economic studies as well as co-director of the Center on Children and Families at the Brookings Institution. His new book, Dream Hoarders, argues that our country’s often well-meaning top-fifth of earners actually perpetuates inequality.

Economic Issues

Who is "hoarding" the American Dream?