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The Great Divide Between The Have and Have-Nots Widens

TheStreet Staff
6/05/14 9:58 AM EDT
Income inequality is top of mind for many Americans and wherever you stand on the debate, there is no denying that wages for middle and lower income workers are dropping. At the same time, some CEOs are being paid 257 times the average worker. More millennials are living at home longer, unable to move out financially. But some states are doing better than others when it comes to the great wealth divide. TheStreet's Sue Lee speaks with Stephen Moore, chief economist at the Heritage Foundation and the co-author of a new book, "An Inquiry into the Nature and Causes of the Wealth of States." Moore also discusses how income inequality will impact the next presidential election in 2016.

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