appreciate, because he is some like hipster the best cities in the world to live there., the middle class you have the megarich and the immigrant servants who service their lifestyles, whether it s domestic service or the barista at starbucks. tucker: it was healthier when it was challenging power. children like this kid on the screen are handmaidens to power. what they are saying is shut up, america, and obey your masters. why does no one ever say that?er they are not counterculture, they are the pretorian guard for billionaires. right and it s actually a class warfare now. poor americans have outlived their usefulness. so the megarich would rather have poor hondurans and poor sudanese and poor yemenis and poor americans can go to hell
it s something a master marketer like trump understood during his campaign. the tax law ultimately did do the opposite. do you believe in raising taxes on the wealthy? i do. i do. including myself. i do. i am willing to pay more. and you know what? wealthy are willing to pay more. we ve had a very good run. all this reverberating amidst the backlash to starbucks millionaire howard schultz who cared to think he would be channeling popular opinion when he called senator warren s tax ridiculous. co-founder and ceo of the coffee company la colombia which makes about $100 million a year. carmichael got his start as a barista at starbucks and opposed schultz s independent bid for president. you have endorsed elizabeth warren. i have. thanks for being here. what do you think howard schultz misunderstands? and do you think it s partly because he is living a certain type of billionaire life?
the millennials. they don t tip enough. they don t tip? enough. they don t have the concept of that. i think they need to fall back from some sneaker purchases and help the worker. there is data on this. why do you think millennials tip less? maybe they are broke. maybe it is tea change of how we exchange money. over their lives they didn t see the paying of tipping. they don t feel it the same way. we do it digitally now. they have to be taught to digitally accommodate. mike you look like you would be a decent tipper. i am a big tipper. more than 20%. really? absolutely. i have a respect for working people. always cash? no, i do it on the phone. to your point like at starbucks, i have the starbucks app. i always whack them with a tip. do you ever venmo your friends? no, i don t. just asking the big
more than 20%. really? absolutely. i have a respect for working people. always cash? no, i do it on the phone. to your point like at starbucks, i have the starbucks app. i always whack them with a tip. do you ever venmo your friends? no, i don t. just asking the big questions. what do you think needs to fall back. since you are here? since i m here. new york times. earlier this week. business section. he snuck he has the paper. above the fold. here s the headline. video game addiction tries to move from basement to doctor s office. here s a couple lines of it. gaming disorder will appear in a new draft of the organization s the world health organization s international classification of diseases, the highly regarded come pend yum of medical conditions. this could make gamers more willing to seek treatment, encourage more therapists to provide it and increase the chances that insurance companies would cover it. we have a country filled with opioid abuse. people
okay. the recommendation by most financial experts is you have a six-month padding of emergency fund to take you six months out. medical bills, car bills. going back to your point of the change in psychology of spending in the country. 71% of all u.s. workers say they re now in debt. that s up from 68% a year ago. credit card debt and household debt taken on. it s astounding. the lasting effect of that. you re looking out years and decades. you think about the kids graduating from school today. they o ep upwards of a hundred grand in college debt. you re lucky to get a job as a barista at starbucks. there are challenging times ahead. we realize this. a lot of us here on the couch have kids. we think what is their future in the economy. unless we plow through the