Give everyone in America $11,395. A totally radical — yet possible — way to end poverty in America that will never happen.
How do you think wealth is distributed in America? Hint: it's not even close to being as fair as you think it is. (Caveat: the speaker sometimes uses the words "income" and "wealth" interchangeable but they're very different. Income is the money you make. It's a flow. Income comes in this year, and some of it leaves as expenses. Wealth is what you own. You can make a million dollars this year but have zero wealth. Conversely, a good saver — or a person who inherits wealth — can have little income but lots of wealth.)