Producer Blog: 'State of Inequality'
Some say the difference between affluence and poverty comes down to the choices a person makes, but a child has no choice in what family he or she is born into and socio-economics can determine the opportunities that child will have.Posted — Updated
From FDR’s New Deal to Lyndon Johnson’s War on Poverty government has helped provide a safety net for many low-income families, giving many the stability they needed to eventually succeed on their own. But when nearly a quarter of North Carolina’s children are still living in poverty, government intervention has clearly fallen short.
Ask any expert about income inequality and solutions are hard to come by because the issue is so complex, but all agree it’s a problem that weakens our economy’s global competitiveness and the fabric of our society. When average CEO salaries are 335 times the average worker salaries perhaps the answer lies more with corporate America than it does with the government. Regardless of the solution, anyone who has seriously studied the issue believes it’s a problem when the top one percent in our country earns 25 times more than the bottom 99 percent.