Friday, September 27, 2013
A Refreshing Take on Solving Income Disparity
CNNMoney interviews Mike Novogratz. Mr Novogratz provides a refreshing take on fixing income disparity in the U.S. He makes lots of good points, including the need for CEOs to have a "moral revolution." What stands out most is his belief that part of why times are tougher for lower income individuals and families because of the gridlock in Washington. He, also, believes most of his billionaire peers wouldn't be against "raising taxes on the rich" if government could prove itself a good steward of GDP. Neither party has proven capable of that.