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OK, it's time to stop. Stop bashing the banks. Stop trying to soak the rich. Stop talking about income inequality. We are not the problem. That's the basic message from some of the members of the "one percent" — the wealthiest Americans — who are pushing back against the recent rise in populism, a trend that even helped elect New York City's mayor, Bill de Blasio. In one example, Ken Langone, the billionaire co-founder of Home Depot, criticized the mayor and others who he sees as pitting one group against another; he likened it to Hitler and Nazism. This week on Money Talking, Rana Foroohar of Time magazine and Ben White of Politico discuss how the wealthy are responding and what it means for this election year.
By WNYC3.9
8686 ratings
OK, it's time to stop. Stop bashing the banks. Stop trying to soak the rich. Stop talking about income inequality. We are not the problem. That's the basic message from some of the members of the "one percent" — the wealthiest Americans — who are pushing back against the recent rise in populism, a trend that even helped elect New York City's mayor, Bill de Blasio. In one example, Ken Langone, the billionaire co-founder of Home Depot, criticized the mayor and others who he sees as pitting one group against another; he likened it to Hitler and Nazism. This week on Money Talking, Rana Foroohar of Time magazine and Ben White of Politico discuss how the wealthy are responding and what it means for this election year.

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