Senator Phil Gramm - The Myth of American Inequality

“If you read it, you will realize that many of the arguments being made against American capitalism are invalid. You will realize that this country of ours is even greater than you think.” Senator Phil Gramm joins Cole to discuss his book, The Myth of American Inequality. Gramm’s book explores the data which prove income inequality in the United States is far lower than what most Americans are led to believe. The conversation covers the statistics that support Gramm’s position and how the American Dream remains strong.