Page 2 - Inequality Problem News Today

Aforementioned thomas friedman, pulitzer prize-winning author and columnist for the "new york times." among his best-sellers, his most recent "thank you for being late: an optimists guide to thriving in the age of accelerations." thank you so much for being here. >> great to be with you, brian. >> so if im one of those democrats and i say to you, tom friedman, no, we can walk and chew gum at the same time, were going to have this conversation about income inequality, about poverty, race, and imm...

No, you say, the left wants a revolution now. okay. ill give the left a revolution now. four more years of donald trump." it is to our great benefit that joining us now the aforementioned thomas friedman, pulitzer prize-winning author and columnist for the "new york times." among his best-sellers, his most recent "thank you for being late: an optimists guide to thriving in the age of accelerations." thank you so much for being here. >> great to be with you, brian. >> so if im one of those democr...

Poverty, race, and immigration, what do you say back to me? >> well, we should have this conversation. its really i think how you balance it. i think at a time when the top 1% of our population has the same wealth as the bottom 90% we have a huge inequality problem. we need to talk about redividing the pie in certain i think very intelligent ways around health care, education, and jobs. at the same time i want to be growing the pie. and democrats almost never talk about growing the pie. i watche...

>> well, i think he makes the right point, but i think larry and the republicans are not really fully explaining what they really mean when he says he doesnt understand what planet they are coming from. the democrats talk about income inequality, and what they want to do is solve that problem by punishing people at the top. where republicans want to solve that problem by elevating the job opportunity and income to the middle class and the job opportunity and the income for those below the middle...

Recent polls. voters in blue wall state in trump country rate trump on the economy. four in ten voters in all three states. this ismichigan, wisconsin and minnesota say the economy has improved. a fourth say its not improved. whats breaking through? >> i dont really think the big gdp number that we got today is breaking through in the way that trump and the white house would like it to because we just have this long term structural inequality problem in america. people understand that in the for...

States. this ismy p michigamichigan, wi minnesota say the committeecono improved. a fourth say its not improved. whats breaking through? >> i dont really think the big gdp number that we got today is breaking through in the way that trump and the white house would like it to because we just have this long term structural inequality problem in america. people understand that in the form of their paychecks in they hear gdp is going up 4%. they hear the stock market is going up big time. they recog...

Benefits that a lot of us do. they dont get parental leave, sick leave, bereavement leave. until a few months ago at her company she made a change that cost millions of dollars and now shes calling out corporate america. >> our company wouldnt exist and wouldnt be around without our warehouse employees and our call center employees. these employees, not just at rent the runway, but at tens of thousands of other companies throughout the company are treated unequally. >> you write in this opinion ...

Uk to the united states, the income inequality issue pops up in each of the areas. in each of the areas, there were worlds of excess supply. were in this battle right now thats going on between if united states and china, and this is a fundamental problem. were living in the world of excess supply, and thats breeding the income inequality. >> i would argue that on top of that, this is actually a very simple question. theres no question that the tax cut exacerbated the inequality problem at least...

It is not like he just started yesterday. doesnt he get some credit? >> sure he gets some credit. look, going back to the world economic forum, they agree the global economy is seeing a recovery and, of course, any u.s. economic growth is good for that global economy. but the world economic forum, the forum that president trump just left, issued a report, i dont know if the president bothered to read it, that shows that there are still major downside risks including widening inequality, particul...

Care, if you get a job you get paternal and maternal leave and you get job retraining. because america doesnt offer those things, if you are low-income or unemployed in america, you are substantially worse off than the rich. i will never say its bad to be rich. i love the fact that people can aspire to be billionaires in america and so should we all. but we do have an inequality problem that this tax code doesnt actually address. i think thats the point here. katon, im certainly not against peop...