Conversation and we like to talk a lot so there is conversation in social media. I think this whole week has been about learning. I come from a small town where it is very politically homogenic. There is not much chance for people who dont think the same to get their opinion without being ridiculed. Being here has given me an opportunity to learn other viewpoints and also to get my other ideas out with people. High School Students across the country discuss the precipitation there cipitation sunday night at 8 00. Tom perkins wrote a letter to the enter of the wall street journal in january about income inequality. He later apologized for holocaust analogy. He says part of the reason he wrote the letter was because the attacks on his exwife who is in the audience at this Commonwealth Club of california event. He spoke with Fortune Magazine senior Senior Editor about what he calls the demonization of the one percent. It is about one hour. Thank you, caroline. This truly is my favorite pa
The demonization of the one percent. After that, discussion about the situation in somalia. On the next washington journal, is page talks politics and the Supreme Court ruling. Former fbi and cia Deputy Director philip mudd talks about the recent drone strikes that killed dozens of al qaeda. Embers we will be looking for your calls and you can join the conversation of facebook and twitter. Washington journal, live at 7 00 a. M. On cspan. I remember the first conversation i had wasnt about where youre from or what your school is like but it was about ukraine. It was about politics and our believes on education and religion. That, i was like, wow, this week will be intense. It was cool to see the evolution of all our friendships and our bonds just from talking about politics. Ribbon talking about our experiences and what we have learned in who we have met. This is an experience i will never forget. I can never really go that far in politics and politics is such a caustic environment. But
I got an ipad. Its so easy to get a book. We love to but have lost customers that way. Not everybody does. We dont lose customers so much is it all by as much as they used to. A think receive a lot of the same people, but the purchases in the size they used to be. It is a constant question of our going to survive in this new environment. Publishing, in a precarious position in some days. Thats something we think about all the time. There is now resting on your laurels. Were constantly trying to a change and adapt to stay on top of things, like adding ebucks to our website and having a website that you can order any kind of book on. Something we work on all the time. We are on facebook now. We bring in new products. We have more things, nonbook items in the store that people really enjoy. We pay careful attention. We definitely have to stay on top of things and make sure we are checking where we should be going in not just consumer where you going to gross if the bookstores closed . The
There is scarcity of abundance. The internet offers abundance. Paid for, you will start to see a pattern of trying to connect the market. There are 19 that make it impossible 19 states that make it impossible to offer broadband. Those lobbyists packed campaign , but its worse than that. Am going to give you different one, which is to name a company or institution which wants to see internet available as lowcost as possible. They hate the internet. Its disruptive to the market. They want to put the genie back in the bottle. Look at the nsa regulation. What does that tell you about power trying to control information . The closer you were to ground zero starting your company, i. E. Google, the more you want it to spread. The further and further away they have got, they have to turn themselves into a pretzel and are no longer able to do no evil because of two major reasons. Ions arent corporat pushing back. They take our data. They try to monetize it. While the average person who wants ac
Of relative period equality in the economy and in recent decades, that has been going upwards. There was no are growing we are heading into more of a winner take all economy. Do i have one more click . Yes, i do. This is a line my coauthor and i great call the great decoupling. It used to be the case that for things we cared a great deal about were all going up. Before things are output, gdp per capita, productivity, job growth, and wages. All four of those are great. News is for several decades after the war, we had exactly that. The four of them were going up. In recent years, you see this best of times, worst of times pattern where the two lines related to productivity and output have essentially continued their nice upward trajectory. Hasline of a job growth leveled off and in some cases even changed direction. The average median American Household now takes home less than they did in the 1990s. Simultaneously really encouraged by some economic statistics, those related to output.