Sheldon Danziger was quoted in an Associated Press article called "Census finds record gap between rich and poor"
Tuesday, September 28, 2010
Sheldon Danziger was quoted in an AP article about the widening income gap between America's richest and poorest.
The income gap is at an all-time high, with the top-earning 20% of Americans taking home 49.4% of America's income. Danziger stated that while the "U.S. has developed policies to combat poverty, it has trouble addressing ever-widening income inequality — even with a growing federal deficit and previous warnings by former Federal Reserve Chairman Alan Greenspan about soaring executive pay."