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.

undefined

More from Video

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home