James B. Steinberg
Former Brookings Expert
[Pulling out of Trans-Pacific Partnership] puts the U.S. on the back foot. But now, the EU is managing to move more quickly. It shows the world doesn’t stand still.
I’ve seen some pretty awful poverty. [But] There is something about poverty in the U.S. that is worse, even though, materially, people have more.
There's a far greater concentration of wealth than there is a concentration of income. And that actually has quite a separate effect and impact on the economy.