The CEO of Goldman Sachs, Lloyd Blankfein, criticized income inequality last week during an appearance on ”CBS This Morning.”

Lloyd Blankfein: “Income inequality is a very destabilizing thing in the country. In other words, it’s responsible for the divisions in the country. The divisions could get wider. If you can’t legislate, you can’t deal with problems. You can’t deal with problems, you can’t drive growth, and you can’t drive the success of the country. It’s a very big issue, and it’s something that has to be dealt with. One of the ways of dealing with it is to make the pie grow. And people are better at making the pie grow, but I have to say, too much of the GDP over the last generation has gone to too few of the people.”

Lloyd Blankfein made $23 million last year, making him the highest-paid bank CEO in the United States.