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James Talarico: “We have socialism for the rich and rugged individualism for…”

Featuring: James Talarico, Democratic | Texas House of Representatives, District 50

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A New American Dream: James Talarico's Full Policy Address

Published | Video Starts at 11:23

Adam Smith. Adam Smith is rolling over in his grave. This is not capitalism. This is crony capitalism. As Dr. King said, We have socialism for the rich and rugged individualism for the poor. It's It is time to raise the minimum wage and expand overtime pay so workers can actually share in the wealth they create. (11:23–11:30)

CLAIM

Asserts that the economic system benefits the wealthy while disadvantaging the poor.

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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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