Phil Gramm Says the Numbers on American Inequality Are Wrong
Are Americans really falling behind, or are the numbers telling us the wrong story? In this episode of Liberty + Leadership, Roger Ream sits down with economist and former U.S. Senator Phil Gramm to challenge some of the most common assumptions about poverty, inequality and economic opportunity in America. Gramm explains why he believes official statistics dramatically overstate inequality by leaving most government transfer payments out of income calculations while failing to account for taxes paid. He argues that the American Dream remains very much alive, pointing to rising living standards and economic mobility that have given Americans opportunities previous generations could scarcely have imagined. Roger and Senator Gramm also tackle some of today’s biggest economic debates, including tariffs, the decline in manufacturing jobs, fears that artificial intelligence will put Americans out of work and the renewed appeal of socialism among young people. Throughout the conversation, Gramm argues that economic freedom is about more than efficiency or prosperity. It is ultimately about who gets to make decisions: individuals or the government, and why preserving that freedom remains essential to the American experiment. The Liberty + Leadership Podcast is hosted by TFAS president Roger Ream and produced by Podville Media . If you have a comment or question for the show, please email us at podcast@TFAS.org . To support TFAS and its mission, please visit TFAS.org/support . Support the show






