Is really unprecedented im sure that total inequality its like the worst periods in American History d. But if youre a find it more closely inequality comes from the extreme wealth in a tiny sector of the population fraction of one percent. There were periods like the gilded age in the twentys and the early nineties and so on when a situation developed by the similar to this. Now this period 6 trillion because if you look at their Wealth Distribution to any quality mostly comes from super wealth. Literally the top 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality as highly negative consequences on the so it is. Because the very fact of inequality has a corrosive harmful effect markers. You opened by talking about the American Dream or the American Dream is classman dillard it will infuriate you were kurds. Get rich it was possible for a worker to get a decent job. At a core of children who are school. Collapse. Imagine yourself in an outsi
Tenyear. It is unchanged, 1. 83 . A point of reference more than anything else. Of positivity with regards to whats happening for sterling. Withabour party coming out drives of its manifesto, some are saying making it relatively unelectable. That would make perhaps a move on brexit, or Boris Johnsons deal on brexit. Stablepretty much against the dollar. That as we get growth details a little bit later. Lets get from whats happening here in new york. We have first word news with su keenan. ,eporter we start in the u. K. Prime minister Boris Johnson aims to win the support of u. K. Business leader today, offering. Ax cuts as an olive branch the december 12 the vote could determine how or even if the u. K. Ultimately leaves the european union. Saudi arabia has agreed to lower its valuation of the energy thet aramco to pare back size of the initial ipo to make sure of its successful about half of what has been considered for the ipo. It is seeking a valuation between 1. 6 trillion dollars
Literally the top 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality has really negative consequences on the so it is awful. Because the very fact of inequality has a corrosive harmful effect on markers and. You opened by talk about the American Dream or the American Dream as clear as mean do it if it werent for you or kurt you get rich it was possible for a worker to get a decent job. Get a core of children to school. To a collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States when there are professed to like democracy. In a democracy Public Opinion is going to have some influence on policy. And then the government carries out actions determined by the population and thats what democracy means. Its important to understand that privileged and powerful sectors have never liked democracy and for very good reasons. Democracy puts power into the hands of the general population and takes it away
During the. During the Great Depression which im old enough to remember there was and most of my family were unemployed depression which im old enough to remember there was and most of my family were unemployed working class there wasnt it was bed you know much worse subjectively than today wood working class there wasnt it was bed you know much worse objectively than today but there was an expectation that things were going to get better. But there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today. There was a real sense of hopefulness there isnt today. Inequality is. Inequality is really unprecedented im sure that total inequality thats like the worst really unprecedented im sure that total inequality its like the worst periods of American History. Periods of American History. But if youre a find it more closely. But if youre a find it more closely the inequality comes from the extreme wealth in a tiny sector the puppy qua
Challenging President Trump for the partys nomination in 2020. Former Massachusetts Governor bill weld and illinois congressman joe walsh were part of a forum hosted by Business Insider. [applause] good evening and welcome to Business Insider 2020 primary debate, im the politics editor anthonyfisher. And im linette lopez. Tonight we will hear from two republicans challenging President Donald Trump for their partys nomination in 2020. Former Massachusetts Governor bill weld and former illinois congressman joe walsh. Business insiders committed to providing candidates of both parties an opportunity to speak with voters and consider ideas and perspectives that dont fit in red or blue boxes. The candidates will answer questions on economics, immigration, climate, Foreign Policy and americas deepening political divide. We want to know why the candidates differ from the president and why they would do a better job. President trump did not respond to our invitation and governor sanford at a s