That and its evolving in innovative and all that yet ok david a month ago you want a job and i had some facts about the u. S. Economy the middle class is disappearing. Were is disappearing upward we have 3 times as many households with 100000. 00 or more in Family Income and this is adjusted for inflation than we had 50 years ago thats you credible improvement so lets not forget that things are Getting Better ok well i think will be there isnt the Income Distribution issue thomas let me go to you there i think this also is giving people cause to quote unquote support socialism because while there are people moving up there are a lot of people moving down as well thats the heartland thats who voted for trump go ahead thomas in baltimore. Well thats true but have theres a lot of game playing with these Income Distribution statistics because theres an economist named jim cox who wrote a great book called mr rich and poor that tracked individual families over several decades and so and saw
Let me go to you 1st in baltimore i dont i dont really think on this program we need to speak about the failings of socialism i think were all on the same page on that here my point in this program is here no i dont want to waste time on that because i its obvious ok historically it obvious on its face here but thomas what is the attraction then why do we have so many millennial zz and so many people attracted to this idea that so many of them have no historical knowledge of whatsoever go ahead thomas in baltimore. It was mostly because people like David Henderson and myself have been snuffed out of the academic world there are still 100 classical liberals in american academe but were outnumbered by hundreds of thousands of others and the young people are taught what economists call the nirvana fallacy they pose socialism as some sort of utopian ideal and compare that to the real world and of course the real world always comes up short when you compare it to utopia and thats basically
Jim . Honor, the whole group. It is a humbling honor, blessed be part of it. Thank you for the great introduction. I can skip part of my talk. I want to go back one step. My granddad was a corn farmer during the Great Depression in colorado. He had to sell out. My granddad left and went north to find a new business. He started making grain doors for the railroad is this. That is how we got started in 1936. I jumped in my children, well my dad. He was six years old then. Now he is 85. We got into halftime, and his you, that is 12 hours a day. Is still hurting cattle herding cattle. My daughter is working in dallas , the halftime incident. Some of you may know about it. Some of the objectives you have here, my son just got deployed. He is heading overseas soon. [applause] it is a lesson i have been given. We started with 15, now we have 480. 300 independent contractors loyal to us, on top of our employee base. Ive been on quite a ride. On company is 80 dependent it. We look uniquely at t
The problem with that is when job,graduate and find a there are only so many of that type of job. But frankly, there are more jobs these days that you can get without having a college degree. Most of my employees with our half, had noaybe background and what we do prior to working for us. We train them. You looking for basic skills and then train them. Paul exactly, we are looking for hardworking ethic. And we have settled with saying we will teach them the rest. My cto has become the educator in chief, helping employees develop and grow skills. You can see that across all industries. I dont think there is a job shortage. I think there is a worker shortage. But i dont think theres a people shortage. Bob we could spend a lot of time. Heidi, if you could address this briefly and then audience questions. Heidi i think the key is education reform, and private Public Partnerships like ibm is doing. Things like that where you got employers telling the Education System what skills they need a
And by the second day it moves 30 feet out. All of that land down below was sitting out here. It was a great deal logic feature of the landslide further to the south. There were houses on top and there was a very steep slope. You can see some debris slides where the sand is slowing. Then you drop into a gully or a drainage swell. The top of the landslides is just a drop in the middle where another clock has pulled away from the edge. The higher hill on the outside edge of the rich and the depression is the drop. Surface erosion is an acute issue. You can see the evidence of the houses directly adjacent. We have similar conditions to that. If you go around the corner around the seacliff, where in fact there has been Significant Movement and in fact many of the homeowners along that portion of the seacliff have had to come back in and do extensive Foundation Repair and massive walls to protect the home while the slope [inaudible] here we have the shallow slides, a debris slides. During e