Income Inequality

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 8 September 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Two-thirds of the nation's wealth is owned by the richest five percent of Americans, while at the same time more than 38 million Americans live in poverty. The rich getting richer and the poor getting poorer has been the story of economic inequality for the last 50 years, and COVID-19 appears set to continue the trend. I joined CBS Sunday Morning with a look at the downside, and what one business figure calls the upside, of income disparity. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Whether it's an under the radar genre or a proper out there podcast, sometimes it's better when you get weird, especially when it comes to switching up your soft drink, introducing new Dr Pepper Zero
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0:21.7	It's a taste you can't quite put your finger on.
0:24.0	Weird. But in a surprisingly good way, try more weird with Dr. Pepper Zero.
0:30.0	Welcome to the Jill on Money Podcast. Well, it is official, ladies and gentlemen. We are no
0:39.1	longer calling it the Corona virus market update. It's just going to be the Jill on Money
0:46.2	podcast now and forever. It is Tuesday, September 8th. I hope you all had a great Labor Day weekend. I hope you didn't have to labor too much.
0:56.7	You could catch your breath and that you now are entering this last part of the year. I don't know I guess we're all actually
1:04.3	on an academic calendar for the rest of our lives. It happens so early. I always think of
1:08.9	this as the end of the year and you know what it is certainly a good time to reflect on where we've been
1:15.3	and good time to reflect about how we're going to manage ourselves coming into you
1:20.8	know the last four months of the year.
1:23.1	Time is so weird right now.
1:26.3	Someone told me they were on a conference call recently
1:28.6	and they couldn't remember what day it is.
1:30.4	And they said, what day is it again?
1:32.4	And the answer was, it's Blurs Day.
1:35.0	It does kind of feel like that. Things blur into one another.
1:38.0	Anyway, today I am delighted to present you with the segment that just aired on CBS Sunday morning.
1:46.8	I was looking at income inequality and how COVID-19 has impacted the basic fact that many people in America are actually
	...

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