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American worker is making in real inflation accounted for dollars, despite huge increases in technology and productivity the same amount of money he or she made 45 years ago. that sound like a good economy? today what we're seeing is a younger generation. everything being equal. the millenials. they'll have a lower standard of living than their parents. today what we're seeing is that over the last 30 years, the top 1% have seen a $21 trillion increase in their wealth. the bottom half of americans have lost $900 billion. massive income and wealth inequality. tens of millions of parents living ...

Progress. we know that the s word meansa o certain thing for baby boomers but for young millennials, they are open to hear this. socialism doesn't call for the cold war. >> a lot of people over the age of 50 don't. that's the biggest problem he's facing. >> his numbers show he's having a little trouble with those young folks. >> and with older folks. >> i think it's important if we begin to think that the problems we face as country are systemic. that the people, the top 1% or the top 10% or the folks busting their behinds every day are -- not getting their fair share, we need to have conversa...

More than the entire wealth of the southern hemisphere, at some point the population of billions of people decides to figure out a way to double their income by either revolution or taking the wealthiest land away. to a certain extent, the top 1%'s call for addressing this issue is just self-preservation. our economy and societies are on the verge of what i would think of as sort of a soft revolution. whether it's the shaming of the parents or the immunities against big techs. >> the shaming of the parents and the pushback against big tech is just talk. you and i could say oh, my good. faceboo...

Bad ending. >> something that there are a lot of brits who think they will do something. we are talking about extending until may. there are european elections before may. i understand what it really does. all it does is carry on arguing for another two months. as long as there is no solution that is acceptable and the party divisions and northern ireland which caused the recent problems and this resolution. i don't see how it gets resolved. >> all those other matters, britain probably can get the medicine it needs and overtime

All the rest is [ bleep ], in my opinion. >> so here's the problem, rutger. there are a lot of people who are not in the top tax brackets, top 1% or top 5% or the top .1% as you got at davos who still think that higher taxes means higher taxes for them. the middle class. how do you make the argument for higher marginal taxes as alexandria ocasio-cortez, she talks about a marginal tax rate of 70%, that's after $10 million. how do we mainstream this argument to say a progressive tax system charges people who earn more money, higher taxes on the marginal bit? >> but it's already mainstream. so if...