world steel production is now dominated by china, which produced a billion tonnes of steel last year, with the uk producing less than 1% of that, atjust six million tonnes. steel industry bodies say energy costs are 60% higher here than in germany, for example, and that means the uk just can t compete. unless government absolutely addresses this problem, then we won t have that competitive business landscape in the uk and, therefore, it doesn t take a rocket scientist to work out that we ll be priced out of the market. the government said today s news was disappointing given negotiations are ongoing to provide british steel and port talbot owners tata with around £300 million each in support. but those offers are conditional on long term job guarantees and are tied to decarbonisation goals the firm say will cost billions. they haven t proved enough to stop jobs leaving this site today. simonjack, bbc news, scunthorpe.
tell you what s wrong with it. guy: if you look at the wealth of all the billing is in the country, she could somehow weave you want and confiscate every penny and put them all out on the street harris: do not give her a wand. guy: it would get maybe enough money to pay for just three years of only the health care plan that all the billionaires are on. kennedy: you are absolutely right. it doesn t cover student debt forgiveness, job guarantees are universal child care. harris: how is elizabeth warren doing in the poll across the board? maybe give us an average year looking at. since she rolled out how she s going to pay for it? jessica: the warren surge has stalled. kennedy: oh, liz! speefour of its overhyped. she s definitely the favored candidate of the media. the one that s one way to sell it, but money talks, too. jessica: i disagree we set about this benefiting her. it doesn t benefit her. because democrats are concerned
want to store the waste there. and bernie sanders raising the objection that he thinks it cost too much. he has got a $16 trillion climate plan to turn our economy upside down. he hasl of a sudden is he concerned about the cost. so they don t seem to mean it. because, if they really meant it, that we are facing doom and we have got to drastically cut emissions they would embrace nuclear power. steve: is that because it s a good talking point but there is no plan? yeah. that s a reasonable question. and the plan they do have, the green new deal, again, makes you think they are not serious. they have, as part of the green new deal, huge changes on healthcare, wages, job guarantees. all these things would be very tough to get through congress on their own. when you attach it to the environmental plan, you make it that much harder. again, it suggests they don t really think this is a crisis because they are not acting as someone would if
really. no, it s not it really isn t because when you re in a high tax state, what you have in your state withholding and then real estate taxes, we re number one in the nation, neil. new jersey for real estate taxes. we re going to have a sting. and then you ve also lost a whole bunch of itemized deductions on top of that. this is not about the rich walking away. neil: wrote this book to cover the higher taxes you re going to have to pay. i need the supplemental income. neil: you get into ocasio-cortez around the time she was just elected. you said that the new democratic nominee s economic policies are the polar opposite of mine, and i would guess of any americans. among those universal job guarantees. then the issue how to pay for it. right. well, where do we get the money from? tax the rich. that s the answerseeing? that doesn t work.
democrats self-identified as liberal. in 2018, up sharply over the last decade. this comes as democrats have retaken the majority in the house with a caucus that contains a number of high profile progressive such as alexandria ocasio-cortez who is pushing for medicare for all and a green new deal financed by a top marginal tax rate of 70%. we re back with dan he dan hennr and kate o dell. to give us an overview of what are the signs of this left turn on policy. paul, i think you just mentioned, we re talking about a green new deal which by the way makes the obama administration s clean power plan which reengineered huge parts of the energy economy look modest. we re talking about rei think reengineering the economy to not use carbon anymore and including in this of course job