Who Picked the Pockets of America’s Households?

The video discusses economic inequality trends from 1962 to post-2008 recession, highlighting robust household wealth growth until 2007, followed by a collapse due to the financial crisis. It examines wealth inequality, the impact of tax cuts, stock market sensitivity, and the housing bubble. The discussion includes policy recommendations to stabilize wealth inequality, emphasizing the importance of managing middle-class debt and maintaining steady home prices. The video concludes with insights on post-recession recovery, highlighting increased savings and the role of financial standards.

What were the consequences of the housing bubble on wealth accumulation for middle-class families?

What is the relationship between income inequality and wealth inequality as discussed in the interview?

What policy measures does Professor Wolff suggest to maintain stable wealth inequality?

How did the savings rate of households change in the years following the Great Recession?