Television
Sep 16, 2015
Mike Barnicle on the incredible income inequality and insecurity across this country

On MSNBC’s Morning Joe, Mike Barnicle, economic analyst Steve Rattner, and Meet the Press’ Chuck Todd take a closer look at the incredible income inequality and insecurity across this country, which is helping drive the popularity of candidates like Democrat Bernie Sanders and Republican Donald Trump. “It’s very rare that people in public life, politicians today, can manage to articulate and express the sense of rage, frustration and anger…. The definition of what encompasses ‘middle class’ has changed drastically over the last two decades. You have people now living on the edge. Everything around them goes up: their health insurance premiums, their property taxes, their car insurance bills. And their pay raise, when they get one, comes in the form of decreasing gas prices…,” explains Mike of the widespread economic situation that has led to increasing frustration that few candidates can relate to. See the charts that show that the bottom 90% of all Americans have essentially received no pay increase for the past 22 years. Watch the entire discussion here.