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Low inflation is still a mystery

Jan 23, 2020

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Missed “Marketplace” with Kai Ryssdal on air? Catch up here! Listen now

Is the U.S. economy rigged?

Kai Ryssdal, Katherine Wiles, and Bennett Purser Jan 9, 2020
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The Occupy Wall Street movement, one of the biggest recent protests against economic inequality in the U.S. Spencer Platt/Getty Images

Is the U.S. economy rigged?

Kai Ryssdal, Katherine Wiles, and Bennett Purser Jan 9, 2020
The Occupy Wall Street movement, one of the biggest recent protests against economic inequality in the U.S. Spencer Platt/Getty Images
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According to a new survey from Pew Research Center, 70% of Americans say the U.S. economic system “unfairly favors the powerful.” Fewer than a third of U.S. adults say the system is “generally fair to most Americans.”

There is a partisan divide, however. About half of Republicans — and independents who lean Republican — think that the system favors powerful interests, while half think it’s mostly fair. An overwhelming majority (86%) of Democrats and Democratic leaners say “the system unfairly favors powerful interests.”

The parties do agree that politicians have too much power, as, they say, do large corporations, health insurance companies and tech companies.

As for those who have too little power, according to the survey respondents? People who are poor, the middle class and small businesses.

“When it came to small businesses, Democrats and Republicans were largely in agreement that small businesses did not have enough power in today’s economy,” Ruth Igielnik, a senior researcher at Pew Research Center, told “Marketplace.”

Click the audio player above to hear the interview.

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