As the president and Congress wheel and deal over tax breaks for the wealthiest Americans, writers like New York Times columnist Nicholas Kristoff have warned that a growing income inequality threatens to turn the United States into a banana republic. Could that really happen? And even if not, what are the consequences -- economic, political and ethical -- that stem from a widening divide between the richest and the poorest in our society?

Studio panelists:
Jonathan "Vanya" Krieckhaus, associate professor of political science, University of Missouri
Peter Vallentyne, Florence G. Kline chair in philosophy, University of Missouri
Darin Preis, executive director, Central Missouri Community Action
Joining by phone:
Amy Blouin, executive director, Missouri Budget Project
Robert H. Frank, professor of economics, Cornell University and “Economic View” contributor to the New York Times
Jonathan "Vanya" Krieckhaus, associate professor of political science, University of Missouri
Peter Vallentyne, Florence G. Kline chair in philosophy, University of Missouri
Darin Preis, executive director, Central Missouri Community Action
Joining by phone:
Amy Blouin, executive director, Missouri Budget Project
Robert H. Frank, professor of economics, Cornell University and “Economic View” contributor to the New York Times
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