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“New York inequality is really quite staggering”

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PBS NewsHour Weekend Correspondent William Brangham is reporting on Mayor Bloomberg’s legacy for Wednesday’s program. Brangham asks: “As New Yorkers pick their candidates for Mayor today, how serious is inequality in NYC?”

“New York inequality is really quite staggering. If you compare the incomes of the top 20% to the bottom 20% — the highs and the lows — our income ratios are worse than many developing African countries.” – Rick McGahey, The New School for Public Engagement

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