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Blackstone Ceo Blames Gap Between Rich And Poor On Income 'insufficiency' | Us News

by theguardian.com posted 1month ago 10 views
Steve Schwarzman outlined what he called a Marshall plan for the middle class that would introduce a higher minimum wageIncome “insufficiency”, not inequality, is to blame for the widening gap between rich and poor, private equity titan Steve Schwarzman said on Thursday, becoming the latest billionaire to publicly worry about the issue.The CEO of Blackstone and former Trump adviser outlined what he called a Marshall plan for the middle class on cable channel CNBC – referencing the US initiative that aided the rebuilding of western Europe after the second world war. Continue reading...

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