When You Get Done Hiding Your Untaxed Wealth Overseas, Check Out Your 2 New Enemies
Is there anything inevitable about staggering income inequality, a $1.2 trillion student loan debt, or a declining minimum wage? Hear these questions dismantled in plain talk by two powerhouses: fearless Sen. Elizabeth Warren and economist and best-selling author Thomas Piketty.
I had no idea what a raw deal working people are getting compared to 50 years ago. (See 3:02 for what's happened to minimum wage over the years.)
A central theme is income disparity, and Warren hits the nail on the head at 6:20 when she talks about why it matters that everyone truly has skin in the game.
Piketty explains that massive inequality isn't just our issue — it's the world's problem. See what he proposes at 9:48.
Warren nails it again at 16:28 talking about "our story." Does it matter if we believe that hard work makes a difference?
They tackle climate change (23:30), propose an awesome solution to student loan debt (28:04), and laud the role of labor unions (37:37).
All this gets summed up starting at 39:40, when Piketty tells us the first step he’d take to solve all these problems. Watch and see if Warren agrees.