Carolina Journal by Video - CXCI: Former U.S. Sen. Phil Gramm explains ‘The Myth of American Inequality’ | Eastern NC Now

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    The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.



    Former U.S. Sen. Phil Gramm discusses his book, “The Myth of American Inequality: How Government Biases Policy Debate.” Gramm and co-authors Robert Ekelund and John Early argue that the official Census measure of household income skews policy debates. That measure excludes all noncash income, leaving out two-thirds of government transfer payments.

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