Batya Ungar Sargon on The War Room: It’s Getting Through to Black and Hispanic Voters – Trump Was First President in 60 Years to Shrink Income Inequality

In a recent discussion, Dave Brat and Batya Ungar-Sargon delved into the current economic climate and its implications for populism and inequality. Brat highlighted a troubling economic trend: while media reports tout strong consumer spending, this facade masks underlying issues. The rise in credit card debt, now at record levels with interest rates averaging 23%, alongside a historically low savings rate, paints a grim picture. He pointed out that this apparent consumer strength is misleading, as the wealth gap widens significantly, with the ultra-rich accumulating vast amounts of wealth compared to the bottom half of the population.

Ungar-Sargon, known for her work on economic inequality, agreed with Brat’s analysis, emphasizing that such disparities foster political and social unrest. She noted that extreme wealth concentration among the elite, contrasted with financial struggles faced by the majority, sets the stage for significant societal upheaval. Ungar-Sargon predicted that if current trends continue, the divide could lead to a class-based revolution, driven by populist movements and increasing discontent among various demographics.

https://www.thegatewaypundit.com/2024/09/batya-ungar-sargon-war-room-its-getting-through/