TIAA's Ferguson Sees Income Inequality as a Pressing Problem

The video discusses the financial risks associated with increased life expectancy, highlighting the challenges of income distribution and stagnant middle-class wages. It examines the causes of economic disparity, including technology, globalization, and tax policy. The video suggests education and social safety nets as long-term solutions to these issues.

What is a significant financial risk associated with increasing life expectancy?

• Running out of time before money

• Running out of money before time

• Decreasing life expectancy

• Having too much money

What has been a major issue with middle-class wages over the past few decades?

• They have been fluctuating wildly

• They have decreased significantly

• They have been increasing rapidly

• They have been stagnant

Which of the following is NOT mentioned as a cause of income disparity?

• Technology

• Globalization

• Tax policy

• Healthcare

What is suggested as a long-term solution to address job obsolescence due to technology?

• Cutting social safety nets

• Increasing taxes

• Reducing globalization

• Enhancing education and training

What role does tax policy play in addressing income inequality?

• It is irrelevant to income distribution

• It only benefits the wealthy

• It can help redistribute wealth

• It has no impact