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hand, does not have the fanatical following the trump does he has constructed a coalition carefully appealing to different groups with specific policies if he loses, one of these groups, his team fears that the math will not add up come election day but he needs to risk it and get tougher on immigration. it has become a proxy for all kinds of issues where people feel that elites simply don't get the concerns of average people and their concerns are rooted in real facts on the ground america has taken in huge numbers of immigrants over the last five decades in 1970, foreign born people made up 5.7% of the country as of 2020, that number is 15.3%. and it's not just america and sweden. that number went from 6.6% in 1970 to 90 teen 0.8% in 2020 in the uk from 5.3% to 13.8% as i
coalition carefully appealing to different groups with specific policies. if he loses one of these groups, his team fears that the math will not add up come election day but he needs to risk it and get tougher on immigration. it has become a proxy for all kinds of issues where people feel that elites simply don't get the concerns of average people and their concerns are rooted in real facts on the ground america has taken in huge numbers of immigrants over the last five decades and 1970, foreign born people made up 5.7% of the country as of 2020, that number is 15.3% and it's not just america and sweden. that number went from 6.6% in 1970 to 19.8% in 2020 in the uk, from 5.3% to 13.8% as i noted my new book, age of revolutions, the western world
just the demographics right now at harvard unersity, very old school, might be the oldest university in the country. is now 40.8% it 29.9% asian american despite m blum claiming asiaamicans are being discriminated against places like harvar 15.3% african-american, which is not far from the demographics of black folks in this country, 11.3% latino. 2.2% native american, 0.5% native hawaiian. it feels like that is what folks are really, really mad about. a guy named bill ackman who claims that the harvard president was hed because of dei, writing on twitter, going off on twitter, celebrating her exit. it is also not good for those awarded the office of president who find themselves in a role they likely would not have obtained were it not for a fat finger on the scale. your thoughts. >> well, listen, ackman has been crystal clear as have been the republican congressional
40 percent federal income tax the highest marginal rate invited once it higher. 13.3 15.3 cents. sales tax around seven percent and you have ? a $10 million house will cost you 500 million just to sell your house. that's insane. assuming so my question is, how much of every dollar should the wealthiest of wealthy get to keep because when you jive the government comes in and takes half of it. 40 percent. polished is the state of california >> i am asking about gavin newsom. >> gavin newsom governor. slip of the tongue. >> we are talking about deficits.
and if you ask people where do you think you will be a year from now, they are actually not that optimistic, they are more pessimistic. so it is a very odd set of personal feelings. one possible explanation for all of this is inflation. people hate inflation. that is why it is in the misery index. but under joe biden, consumer pricing index has gone up by 15.3%. personal incomes 19.2%. meaning that people have still stayed ahead of inflation as a whole. but that said, there are a number of categories, a lot of sense difference things that people buy often or at least are very exposed to the prices of, that have gone up by much, much higher numbers. food, cars, energy, and this is automobiles here. and so on one hand their incomes if you -- as an economist would look like this, have gone up after inflation, but they are still feeling a lot of the
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nbc's sam brock joins us from austin where the water is starting to recede and meteorologist michelle grossman joins us with a look at what's ahead. sam, talk to us about what you're seeing there. >> i would say this is an aberration. we're seeing four or five once in a thousand year flood events in the last month. this was very much gushing as of 12 hours ago, so much so that it flooded the nearby restaurants and businesses, spilled onto the streets. some folks got stuck in their cars. austin received almost 3 inches of rain in one location in an hour. that was a 70-year-old record. the bigger problem is dallas. we're looking at your screen where you saw folks waist-high in water. dallas received in the neighborhood of 15.3 inches in a 24-hour period. dallas police say a couple hundred water incidents, katy,
mississippi. sam brock is reporting live from austin, texas. good morning. what's the latest there? >> reporter: jose, good morning. austin got whalloped, not quite on the scale of dallas which saul 15.3 inches in a 24-hour period. out west, now in the south. historic drought followed by historic rainfall. flash floods prompting rescues and in this case, claiming a life. texans wading through waist high water with hundreds of rescues. a stark contrast to the blistering heat and devastating drought punishing the state for months. overnight, eastern texas and louisiana slammed with more heavy rain and flash floods. those same thunderstorms drenching the dallas-fort worth area just 24 hours earlier, dropping more than 14 inches of rain. more precipitation the area has seen in the previous eight
don't check it if you are long-term. dow down 15.3%, 20% for the nasdaq, s & p 500 down more than 20%. you are a member of congress, what can congress do to try to reverse this? >> the markets are a reflection to what's happening to american families, punched in the face of the economic policies of the biden administration. president biden made reckless campaign promises then the administration with one party democratic control implemented those policies, spending recklessly, $1.9 trillion in stimulus spending, spiking inflation, the biden administration put their head in the sand, democrats doubled down, inflation reared its ugly head and now the administration is making excuses rather than taking on inflation. we should unleash american energy so families are not paying twice what they were paying before biden came to