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Transcripts For CSPAN Washington This Week 20240622

and when we tried to understand why it is that so many of our family members, friends, neighbors are working at are working to or three jobs in order to cobble together an income and some health care, the answer is that wages in our country for many people are much, much too low. why we have got to recognize that a seven dollar and 25 minimum wage is a starvation wage. we have to move to a living wage, $15 an hour. what we understand also is that when we lived in a competitive global economy, we need the best educated workforce possible. it makes no sense to me that we have hundreds of thousands of bright, qualified young people who want to get a higher education and are unable to do so because their family lacks the income. that is wrong. and that is why i have introduced legislation and will fight for, as president of united states, to make sure that every public college and university in america is tuition-free. and we have also got to deal with the disgrace of outrageou

Transcripts For CSPAN2 The Communicators 20240622

basically outworked, outhustled and outinvented just about everyone in his path. host: what were one of his first inventions or investments or successes? guest: his very first success was his company called zip for, it was call zip ii, it was kind of a google maps meets yelp. it was around 1994. and, essentially, the answer to the age-old problem of kind of how do i find a pizza place are near my dorm room and, you know, you would just type in i want a pizza, and it would show you where the place was and give you turn-by-turn directions, and nothing like that existed at the time. he ends up selling that company for about $300 million, and elon was the largest shareholder, and so that s what really set him on his way. it gave him about $20 million to do whatever his heart desired. host: and what did he do with that $20 million? guest: well, the next thing he did was he decided, he kind of sat back and thought for a little while of an industry that needed a kick in th

Transcripts For CSPAN2 The Communicators 20240622

it was around 1994, the answer to the age-old problem, how do i ve findi find a pizza place next to my dorm room, turn by turn directions. he ended up selling that company for 300 million. that is what set him on his way. quite what did he do with that 20 million? he sat back and thought about an industry that needed a kick in the pants. he worked at a bank as an intern. they were dumb and kind of herd mentality. early days of the internet, and he thought to do an online financial system for everything. then it morphed into paypal. often cited as the founder of paypal. well, they are both cofounders anyway. in the same building there is another company which was when he started with another stanford graduate. two companies in one building that were spending each other to death. they would tempt people to use their service. a lot of fraud. they come up with a service called paypal. you say he arrived in the country with $100 in his pocket. born in south africa. have

Transcripts For CNNW CNN Newsroom With Poppy Harlow And Jim Sciutto 20200508

could get worse. the next one should be around 20. i was thinking this one might be as much as 20 but we had a big decline in the labor force as well. so the numbers are going to be probably, is probably going to be best to look at as you said the 22%, it will probably be 25% in the next report and then hopefully from there, it will start to head back in the right direction. wow. those are depression-era numbers. it s just remarkable, devastating. today s numbers already the worst we ve seen since the great depression. let s get to cnn chief business correspondent christine romans and douglass holtz, former director for the congressional budget office. thanks to both of you. christine perhaps i ll begin with you. this caught my eye today, a poll in the the washington post, when people were asked will they get their jobs back, do they expect to, 77% answered yes, likely. is that likely? oh, we certainly hope so, don t we? a lot of those are furloughs and temporary la

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