problem. since the 1970s we have not been able to grow incomes in this country. between the end of world war ii and 1973 and 197 a, everybody in america got a pretty consistent raise. since around 1975 or so, until now, there is basically not been a raise for 65, 70% of people in the country. we just having a very very hard time figuring out how to deal with this. right now too many people unemployed for a long period of time. tragedy of reverse order see what we can do about this. in my opinion probably still in a recession. technically we are out of the recession but still in a very difficult time in terms of unemployment. as a result of the housing crisis. most people lost 40% of their wealth and obviously african-americans have been hit very hard with this. there is no doubt about that. but, you know, on the upside, he we are starting to come out of it. the economic numbers are looking better. healthcare costs are starting to flatten.
problem. since the 1970s we have not been able to grow incomes in this country. between the end of world war ii and 1973 and 197 a, everybody in america got a pretty consistent raise. since around 1975 or so, until now, there is basically not been a raise for 65, 70% of people in the country. we just having a very very hard time figuring out how to deal with this. right now too many people unemployed for a long period of time. tragedy of reverse order see what we can do about this. in my opinion probably still in a recession. technically we are out of the recession but still in a very difficult time in terms of unemployment. as a result of the housing crisis. most people lost 40% of their wealth and obviously african-americans have been hit very hard with this. there is no doubt about that. but, you know, on the upside, he we are starting to come out of it. the economic numbers are looking better. healthcare costs are starting to flatten.
bill: personal story segment tonight. analysis of what the biggest problem in america actually is joining us from new orleans democratic strategist james carville. s you heard the bloviating on the program. first youhe define what you d say is the biggest problem and where i am going wrong and perhaps the other guest as well. biggest problem is a long range problem since thet 1970s we have not been able toob grow incomes in this70 country. between the end of world war ii and say 1973, 1975, everybody in america got a pretty consistent raise. since around 1975 or so, until now, basically nots been a raise for 65, 70% of the people in the country. we are just having a very very hard time figures out how to deal with this. right now the currently the biggest problem we have had is too many w peoplee unemployed for too long a period of time. this is a human tragedy of perverse order. looking to see if there is anything we can do about.n
bill: personal story segment tonight. analysis of what the biggest problem in america actually is joining us from new orleans democratic strategist james carville. s you heard the bloviating on the program. first youhe define what you d say is the biggest problem and where i am going wrong and perhaps the other guest as well. biggest problem is a long range problem since thet 1970s we have not been able toob grow incomes in this70 country. between the end of world war ii and say 1973, 1975, everybody in america got a pretty consistent raise. since around 1975 or so, until now, basically nots been a raise for 65, 70% of the people in the country. we are just having a very very hard time figures out how to deal with this. right now the currently the biggest problem we have had is too many w peoplee unemployed for too long a period of time. this is a human tragedy of perverse order. looking to see if there is anything we can do about.n
bill: personal story segment tonight. analysis of what the biggest problem in america actually is joining us from new orleans democratic strategist james carville. s you heard the bloviating on the program. first youhe define what you d say is the biggest problem and where i am going wrong and perhaps the other guest as well. biggest problem is a long range problem since thet 1970s we have not been able toob grow incomes in this70 country. between the end of world war ii and say 1973, 1975, everybody in america got a pretty consistent raise. since around 1975 or so, until now, basically nots been a raise for 65, 70% of the people in the country. we are just having a very very hard time figures out how to deal with this. right now the currently the biggest problem we have had is too many w peoplee unemployed for too long a period of time. this is a human tragedy of perverse order. looking to see if there is anything we can do about.n