It's time for a national billionaires tax and a new social contract. Think about this. Just 10% of people, 10% of people in this country own 2/3 of the wealth. A 30 year old for the first time in American history is not doing better than his or her parents. That's a five alarm fire. American wages have stood still and the costs cross the spectrum. Cost of living have skyrocketed. The system is fundamentally broken. (00:11–00:19)
CLAIM
Asserts that current 30-year-olds are not doing better than their parents for the first time in U.S. history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
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