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Pay low wages happens to be the richest man in modern history. let me remind you, jeff bezos on amazon prime day become worth $150 billion. when he's worth that much money, you begin to start asking the question are companies like this who are paying their employees so little gaming the system? joining me now, my dear friend scott galloway who's a professor at the nyu stern school of business and the author of "the four, the hidden dna of amazon, facebook and google." we don't have a jobs problem in this country. we have loads of jobs. we have a wage problem. how are we going to fix this? if a...

And apple doing everything in their power not to create new jobs. >> does any of this trickle down and help wages go up? because we do not have a jobs problem. we have enough. we have a wage problem. does any of this fill the wage problem? >> if we could fill the jobs we have, we wouldn't actually have a wage problem. there are 40,000 open jobs in cybersecurity positions around the country that pay an average of $95,000 a year for a college graduate who's just come out of school. we have welding jobs that pay $100,000 a year. we have trucking jobs that pay $80,000 a year. all of which are goin...

Extend to individuals but, as of now, it's for businesses so the question is all of this extra cash they have, which we know they do now, will that actually show up for their employees? and don't really have an employment problem in america right now but we have a wage problem. wages have been so slow to grow so we saw some companies right off the bat come out with these bonuses for their employees, right? bank of america, at&t and said we are giving you an extra thousand dollars this year because of the tax cuts but will that continue in the future? nobody knows and will it turn into increase...

Expected. we didn't expect a tree, but we expected a flood. it didn't so that's a positive. >> this tree was all the way across the road breaking out. we have been watching and you neighbors and chain saws. you didn't have gas or oil. how did you get the tree out of the road? >> people started showing up and they brought us gas and oil. neighbors came and within a few hours we had the road clear and our driveway. >> thank you so much. this family is dealing with what a lot of people are dealing with. that is because we are having sewer lines breaking and sewage mixing with the rain water and t...

Should it be a tax cut? more spending in a certain area? >> the one issue is solving the middle class wage problem. that consists of a budge nch of things. >> replace goes down in flame, but repeal is talked about. we'll here from kristen welker and kasie hunt and former special assistant to president obama, ned price. "morning joe" is back in a moment.