Pete Buttigieg: “If you were born the year that my mother was born, at the…”

“Consumers and workers caught up in a system that can't serve them. Small businesses swamped by the big guys. Right now, what's at stake is nothing less than the American dream. It is endangered. If you were born the year that my mother was born, at the end of World War II, there was a 90% chance that you would come out ahead and live better than how you were born. If you were born when I was in the early 80s, it's a coin flip. 50. 50 and headed in the wrong direction. So what's it going to be for your kids?” (23:06–23:16)

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.