The untold true story of americas middleclass. Guest thank you for having me. Host how do you define the middle class . Guest there are so many ways you can define the middle class and some new ways people have over time. Sete it as an aspirational of Economic Security items that americans want to have to make their lives feel safe and secure , and to pass a better life onto their children. I defined middleclass as someone who is able to buy their own home, their own car, send their kids to school come a safer retirement , save for retirement. Stablel people feel more through tough economic times. If you can build enough wealth up to buy those things, i think in america we would call you middleclass. Are strivingle who for that security are aspirational middleclass. Host how far back in our history does the use of the term middleclass go to refer to economic success . Guest we think of the middle class as quintessentially american, but it is relatively new term in terms of popular news
Recognizeey i myself. The warnings we had and decisions made about the most recent worldwide Intelligence Committee in january of 2019, and i quote, the United States and the world will remain vulnerable to the next pandemic where large scale outbreak of contagious disease that could lead to massive rates of death and disability, severely affect the world economy, strain international resources, and increase calls from the United States for support. We must ask ourselves what are the warnings are going unheeded, and what can we do right now to protect the American People from other threats . Before the unthinkable happens in the future, how can we exercise strategic and precisive foresight to the best of our ability today to ensure are a nation prepared for tomorrow . That same worldwide threat assessment Cyber Attacks is a top global threat with china, russia, iran, and north korea, raging a silent war capable of shutting down with such Information Systems and critical jeopardizing cr
Good evening and welcome, both newcomers and repeat offenders, if you look around here, you notice the great many ponderous and intangible books out there in the world. That being the case, its always refreshing to find whose impact in the portion to the Tipping Point is one of those books, from time to time, usually its quite unexpected, work appears that acts as a decongestant for the brain, one strong spray with a passages to clean up, suddenly we can finally grasp things around us that weve always been looking at, we drop the enter gp and more sharply, it can be rather intoxicating, once again this is that kind of book. One of the delights i find of the Tipping Point is that malcolm asked the kind of question that a child might ask, the kind of question that is on the tip of her brain like the name on the tip of the tongue. Often we find it hard to focus on, not despite a bit but because of it. In the question he asks to hear is that one once weve heard asked, why didnt anybody thi
Tiktok is said to be making contingency plans for a u. S. Shutdown, joining microsoft to challenge a bid from oracle. Australia winds up turning season like never before with a recession and record government stimulus. Lets get you started with a quick check of the markets. We are seeing u. S. Futures opening slightly higher. This as we had another record high in the u. S. With the s p 500 soaring for a fifth consecutive session. We have financial and real estate sectors being the biggest gains. We have banks benefiting. Treasury yields were higher. We had the yield curve widening. Powell chair jerome speaking at jackson hole, conveying a dovish and more relaxed approach. Higher yields leading to the dollar rebounding. U. S. Weekly jobless claims remaining above one million. Not to mention the economic gdp numbers contracting slightly less than forecasted due to oil prices looking like this. About 43 ag barrel. We had oil declining through the new york session as laura barreled into lo
More of a westsouthwind, ranting. Lets get to it. Today. A little warmer inland, today. We dont always see fog and low clouds, but we have this week. I dont think there will be look at that low, spot below, i much change, coast and bay. Bases are up around 3000 feet would say it is near fresno. For some, so it is pretty high out there. There is a lot of moisture almost every recording station says cloudy or mostly cloudy. Funneling in upwards into the livermore and also san jose, along the southsouthwest, so sierra, and parts of Mendocino County, shasta as well. So storms, erupting a little no change there. Back to the coast, warmer today for a few. There have been some great santa rosa is cool this week, i thunderstorms to the north, and also to the sierras, right where they should be. Expect them to bump up a little over to sal now. Okay. Bit, sunny, breezy. Water temps have come up, this where do you want to start . Is the warmest they have been all summer, except point well . Marin