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Gavin Newsom: “A 30 year old's doing worse for the first time in human…”

Featuring: Gavin Newsom, Democratic | Governor of California

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One on One with California Governor Gavin Newsom

Published | Video Starts at 59:27

That is the economy is broken. You can't save democracy if we don't democratize the economy. We can't live in a society where 10% of people own 2/3 the wealth, where A 30 year old's doing worse for the first time in human history, at least American history, than his parent, the parents generation. So no surprise that a lot of young people that are delaying marriages, delaying having kids, can't even imagine, imagine renting a home, let alone owning a home. (59:27–59:35)

CLAIM

Asserts that 30-year-olds are doing worse than their parents' generation for the first time in American history.

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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.

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