There have been a number of reasons why wage growth has stagnated. one big issue that deserves to be talked about in this area is croneyism. corporate croneyism where the government picks winners and losers that is a reason certain industries for prosperred and been hurt. look at the steel and aluminum industry right now. they have been chosen as a big winner by this administration because of the steel aluminum tariffs and great for them. that s a few thousand jobs that get protected by the government. but that s terrible. it s wrong for millions of other americans who are paying higher prices for steel and aluminum when they are in the products they need and so government action has also contributed to wage stagnation over the years. not just trade. we are going to come back and talk about taxes. you and i don t see eye to eye on whether or not the tax cut thing has been great. we ll save that for a different conversation. i appreciate you having the discussions with me. coming up
laura: i think a legitimate criticism of both parties is wages have been stagnating, really median income stagnated so the washington post is a piece last september that say finally the recovery hits middle america. blue-collar wages rising. these are abc news, this is washington post , even the new york times has to admit that. if that also obama? that s not donald trump s deregulatory moves? instrument became president, really wages for those without college education has gone down, not up. because without inflation. you say oh, wages are laura: the fed just said inflation is basically nonexistent. that s why we are not raising rates. we ve averaged 2% inflation and with averaged 2% wage growth cleared laura: he basically say the economy is not historically strong? the economy is providing jobs, which its continuation of the obama administration. laura: 300,000 jobs. fewer jobs in the first two
This is a boom dog l. you re going to get that check every month, and hud s not there to stop you. it s not only possible, but it s considered legal and passable and acceptable by hud. so what do landlords like eli fish have to say? mr. fish, i m with nbc news. can i talk to you about the not right now. the position of the i m going to call you later, okay? i ve been trying to get in touch with you for quite some time. i know you said you were going to call me back. secretary carson declined to be interviewed, but a spokesperson said he has launched a review of the inspection process, and quote, the secretary believes very deeply that families should not be forced to live in housing that s unsafe, and taxpayers shouldn t be subsidizing it. i feel like i m stuck, stagnated, can t get out. i don t have any control at all
Unnatural acts being performed by corporations because our tax rate was higher than other nations we needed it to go down. the question is, could we have done some sort of revenue neutral reformulation by getting rid of the loopholes. because what we all hoping were happen, capex, more employment has just resulted in share buybacks, which has inflated the marketplace. who owns stocks, the lower half of u.s. population only owns 8% of the stocks. so at the end of the day, the greater source of good and prosperity in the history of mankind is the u.s. middle class. and the u.s. middle class wages are stagnated, and we keep giving more and more goodies0.1. so was this really something to help the middle class? absolutely we afford another tax cut? you know, record deficits. so, look, it feels as if and to afford it, we would cut programs that would hurt the people on the bottom. look, it i hate to quote marx, but marx said the problem with capitalism is you end up
I hope they reject the lies, the demagoguery, the talk that andrew gillum is going to turn florida into venezuela, which could not be a bigger lie and a cheap eing of that the venezuelan people are living through under the hands of murderous dictator who kills and beats his political foes. steve, why aren t you a happy warrior? i am a very happy warrior. and listen, that employment report we got this past friday, chris, i worked on wall street over t past two decades, i can t recall a report that robust at least since the 1990s. this country is growing like we haven t grown since the 80s and 90s. to me it s not a matter of either talk than or talk about immigration and the border. why can t it be both sinatra be both and not for president. i think it should be both. they are related too. one of the reasons i believe firmly that working class wages have stag nated in the past and