companies last year made $69 billion in profit, huge compensation packages for their ceo s, and yet so many of our people cannot afford the medicine they need. at the end of this month i m going to ontario canada, from detroit michigan, with a busload people who have diabetes to buy insulin at one 10th of the price in canada we re forced to pay in the united states. this is about taking on the drug companies and insurance companies and telling them the function of a rational health care system, is health care to all, not huge profits for the stockholders and ceo s of the health care industry. let s go live to ryan nobles at the sanders event. as the polls tighten, we re seeing senator sanders sharpen the kra teague of joe biden who
that? it shows compensation packages for the ceos have continued to grow at a rapid pace, definitely outpatient what s happening for workers in terms of hourly wages. we have seen that the higher income people have been able to collect more gains of come from the growth coming out of the great recession. i have a hard time seeing how that will continue to be the case as we see this sort of growth going forward. companies need to fill jobs of god creative and they been able to do so without raising wages so far. at some point there is just a lack of workers to fill the jobs and they have to do something. i suspect as we see this growth interest rates keep kicking down the number jobs increasing, at some point will see the wages pick up as well. who knows when that will happen. molly: i imagine a lot of people like to see that. beth akers thank you for covering a lot of ground there.
and less likelihood of owning their own homes. that is why this proposal completely eliminates student debt in this country and ends the absurdity of sentencing an entire generation, the millennial generation to a lifetime of debt for the crime of doing the right thing. and that is going out and getting a higher education. ten years ago, the united states government bailed out wall street after their greed, their recklessness and their illegal behavior drove us into the worst recession in modern history. today, the major wall street banks are larger than ever, their profits are soaring, and their ceos receive huge compensation packages. our proposal which cost $2.2
would feel debt free. that detail was not clear either. i said this is first time something you have been involved with has cost quite a bit. take a listen. you ve pushed quite a few expensive principal projects. green new deal, now this, medicare for all. do you believe these things can be funded? this particular program is funded 100%. it says that the people on wall street, who today are enjoying record breaking profits, where ceos get huge compensation packages, that when we bail them out, ten years ago, they have a certain responsibility to the working people of this country. we re asking them to pay a small speculation tax which has the added benefit, i think, of maybe keeping us from having another financial crash. this is paid for. his plan does also include
people are scared of change and with good reason. changing herring is terrifying. i guess i m not quite convinced, the idea that you need to meet him with some alternative. when people are in a defensive crouch about this frontal assault on what they have. i don t quite agree with you. i think there is profound disgust in a health care system which is by far the most expensive in the world. double what other countries are paying. where we have 34 million people without any health insurance. even more underinsured. where the pharmaceutical industry is ripping us off every day. charging us by far. the highest prices in the world. where you have insurance companies and drug companies making billions and billions of dollars in profit. paying their ceos outrageous compensation packages. i think the american people want something that s stable.