PolitiQuote

Discover video-sourced quotes by politicians

Gavin Newsom: “A 30 year old for the first time in American history is not…”

Featuring: Gavin Newsom, Democratic | Governor of California

Watch on YouTube

Governor Newsom, First Partner make announcements on financial literacy, wealth access for women

Published | Video Starts at 22:57

We live in a country well established that 10% of people own 2/3 of the wealth. We live in a country where A 30 year old for the first time in American history is not doing better than his or her parents did. It's never happened in the history of this country and I say it often, as we continue to make the case for our republic, for our democracy, that in order for this democracy to thrive, we have to democratize our economy. (22:57–23:04)

CLAIM

Asserts that the current generation of 30-year-olds is not surpassing their parents' economic status 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.


Gavin Newsom

Discover more from

Gavin Newsom

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.