James B. Steele: Middle Class Shrinking & How to Fix It
James B. Steele explains his thesis for why the middle class is shrinking in America. The Pulitzer Prize-winning journalist argues that the government and large corporations are the main factors that have resulted in the middle class falling behind in wages and standard of living over the past few decades.
0:47 The middle class has been decimated, without a real dollar raise in four decades. How can this be?
5:29 Discussing how the median income is behind pace.
10:00 The free market has been wonderful for this country but it cannot solve this problem we’re in.
13:55 How could health care be solved?
18:30 Who are the global money men?
19:30 Is there hope for the American dream?
23:04 What is the foundation that makes the middle class viable again?
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