Page 2 - Flat Wages News Today

- weve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one-- staggering debt from student loans. - today, that old instruction manual feels like false advertising. - the system is unfair. we tell young people to go to college. they have to take out loans in order to graduate. and now theyre punished for it. - for doing the right thing, borrowing money for the right reason-- higher education. [tense music] - this is a story...

- weve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one-- staggering debt from student loans. - today, that old instruction manual feels like false advertising. - the system is unfair. we tell young people to go to college. they have to take out loans in order to graduate. and now theyre punished for it. - for doing the right thing, borrowing money for the right reason-- higher education. [tense music] - this is a story...

On how to do the right thing... study hard, be nice to your brother... - get him! - go to college, graduate, and voila, achieve the american dream. but at some point... [clattering] - the us economy shrinking. - theyre not getting married. theyre not getting homes. theyre not getting jobs. - weve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one-- staggering debt from student loans. - today, that old instruction manual f...

On how to do the right thing... study hard, be nice to your brother... - get him! - go to college, graduate, and voila, achieve the american dream. but at some point... [clattering] - the us economy shrinking. - theyre not getting married. theyre not getting homes. theyre not getting jobs. - weve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one-- staggering debt from student loans. - today, that old instruction manual f...

And scandanavians, the canadians, brazilians all are creeping up with higher wages, its not just about they cant do it and we cant do it here. neil: and they have a lot of jobs abroad. germany is all over. >> no, no, they create more job at home. neil: now youre making things up. >> no, im-- >> look at me, look at me, youre making stuff up. >> neil, well do this, if im not telling the truth will germany ill give you my salary for a year. and if i am, you give me your salary for a year. neil: don...

And that bankruptcy is their handhold on the way down. and what happened over time is my politics shifted. >> warren is offered a tenured position at harvard law school in 1995. stepping into a world few women enter. >> one time elizabeth invited us to have lunch at the harvard faculty club. and i had never been there before. you sort of look around and you say, were the only women here. >> the 1980s and 90s are a time when more and more americans go broke. the ivy league professor is asked to s...

[cheers and applause] how many people are happy? bad healthcare. so every time you dont have to make out a check, in order not to have healthcare. think of that. this is the only country you pay for the very distinct privilege of not having to pay but you had to pay a lot. now you dont have to pay anymore. you dont want it? you dont have to take it. [cheers and applause] individual mandate, we got rid of it. that was a big deal. the people trying to stop our movement are the same washington insi...

How many people are happy? bad health care. so every time you dont have to make out a check in order not to have health care, think of that. think of that. this is the only country you pay for the very distinct privilege of not having to pay -- but you had to pay a lot. now you dont have to pay anymore. if you dont want it, you dont have to pay. the individual mandate, mike, we got rid of it. that was a big deal. the people tried to stop her movement of the same washington insiders who spent the...

Growth, ten years of increased jobs, and thats great that the african-american unemployment rate is lower, but dignity of work means that workers wages go up too. we see corporate profits go up, skyrocketing executive compensation, productivity going up, but wages aflat and women ad people of color have more challenges with flat wages. thats the real issue, not somebody having two or three jobs that pay 11 or $12 an hour, white or black, the people not making wages that can keep up with inflatio...

Somebody lost a job. somebody ran off or died. and this life that had been going along pretty good just suddenly starts tumbling off a cliff. and that bankruptcy is their handhold on the way down. and what happened over times, my politics shifted. >> warren is offered a tenured position at harvard law school in 1995. stepping into a world few women enter. >> one time elizabeth invited us to have lunch at the harvard faculty club. and id never been there before. >> you sort of look around and you...