do you take kim jong-un at his word? the president takes him at his word. no, he does. but what about you? my opinion doesn t matter. my opinion is that i m you re national security adviser to the president. it matters quite a bit. i m not the national security decision maker. that s his view. samantha vennegrad is a former security analyst. i want to start with the fact, we had a major policy announcement from ambassador bolton today. he said kim jong-un should investigate warmbier s death, on the heels of saying the crown prince of saudi arabia should investigate jamal khashoggi s death. this is a policy of letting murderers investigate their own crimes, despite the fact our intelligence community is on the record about how north korea works and that it s a top-down system and that bin salman
for inflation. and that really, to me, signals that there is an experiment that failed and that experiment is called trickle-down economics. give tax breaks to the rich and you hope that it trickles down to everybody else. well, donald trump has talked a lot about trickle-down economics. and frankly that worries me. jeffrey lord. what worries me is crony-nomics which is what the policy of the obama administration was, where they take taxes from everybody else out there and dole out the money to their cronies. that is a top-down system that won t work. the economy grows from the bottom up. by people opening businesses and having the ability to deal with less regulation and have more money in their pockets. that s the way it s always done. you can call it trickle-down economics or anything else, but having worked for jack kemp, we called it supply side economics. which was classical economics and it worked. people point to the stock market has gone up.
real issue is wages and jobs. most people over the last 35 years have not really seen their wages increase, adjusted for inflation. in fact, the bottom half of the american workforce has actually seen their wages drop, adjusted for inflation. and that really, to me, signals that there is an experiment that failed and that experiment is called trickle-down economics. give tax breaks to the rich and you hope that it trickles down to everybody else. well, donald trump has talked a lot about trickle-down economics. and frankly that worries me. jeffrey lord. what worries me is crony-nomics which is what the policy of the obama administration was, where they take taxes from everybody else out there and dole out the money to their cronies. that is a top-down system that won t work. the economy grows from the bottom up. by people opening businesses and having the ability to deal with less regulation and have more money in their pockets. that s the way it s always done.
the entrenched interests who have their hands unnaturally on the leaders of power in our so-called democratic system. that s why it needs to come bottom up in this country. now, you look at china who are meeting us halfway on this. right here in los angeles with this historic summit. and china is very much a top down system. they can pivot quicker than us even though they re a much bigger system and much bigger population, 1.4 billion people. they re outstripping us in solar, in all across the renewable energy spectrum. in 2013, alone, they put in more solar than the united states has since solar was invented and it was invented here. so you know, we re hopefully we ll be able to meet in the middle because if solutions have to be global on this. they can t be he we can t solve it here or in europe or in china. we ve got to all work together on this. it s interesting you bring
have forcing mechanism, any kind of stress. so you see what happens in societies in which jobs get scarce, right after a financial crisis. it s very easy under conditions can of constrained resources for some of the worst impulses in politics, doesn t matter the society to come out. that s a real thing to worry about. i think it is. people have to understand that the cost of not fighting climate change now is going to be much, much greater later to our economy. so but it s not an issue of what s really best for the economy. it s really an issue of what s best right now next quarter for the entrenched interests who have their hands unnaturally on the leaders of power in our so-called democratic system. that s why it needs to come bottom up in this country. now, you look at china who are meeting us halfway on this. right here in los angeles with this historic summit. and china is very much a top down system. they can pivot quicker than us even though they re a much bigger system and mu