U.S. Becomes World’s 'Most Unequal' Economy | Richard Wolff

David Lin September 4, 2025
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David Lin

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Welcome to The David Lin Report! I’ll be reporting on the most impactful market-moving events, as well as interviewing experts in finance, economics, science, and technology.

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Richard Wolff, Co-Founder of Democracy At Work, argues that America faces growing inequality and economic problems made worse by unpredictable trade policies and dangerous government interference in private companies and the Federal Reserve. Watch David's last interview with Richard: https://www.youtube.com/watch?v=_lv6LmHD0QQ *This video was recorded on August 28, 2025. Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW RICHARD D. WOLFF: Richard Wolff website: https://www.rdwolff.com Twitter (@profwolff): https://twitter.com/profwolff Democracy At Work: https://www.youtube.com/@democracyatwrk FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at [email protected] *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro. 1:47 - State of US income inequality 10:44 - GDP growth vs. labor market disconnect 13:22 - Job security outlook for middle class 20:33 - Tariff policy and Smoot-Hawley comparison 26:35 - Trump’s removal of Fed Governor Lisa Cook 34:12 - Fed Reserve independence 38:51 - Government stake in private enterprise 45:29 - Comparison to China’s state capitalism 49:07 - Trick-up vs. trickle-down economics #trump #economy #geopolitics

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