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On Point with Meghna Chakrabarti

America's new Gilded Age

On Point with Meghna Chakrabarti

WBUR

On Point, News, Daily, Talk Show, Npr

4.33.9K Ratings

🗓️ 14 March 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

President Donald Trump declared America is entering a “Golden Age” on Inauguration Day. But as inequality grows, some historians say that the country is in a new Gilded Age.

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Transcript

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0:00.0

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0:30.0

Support for this podcast comes from Is Business Broken, a podcast from B.U. Questrum School of

0:35.8

Business. Stick around until the end of this podcast for a preview of a recent episode

0:40.6

about how to fairly compensate workers.

0:44.7

WBUR Podcasts, Boston.

0:52.6

This is on point.

0:54.2

I'm Megna Chakrabardi.

0:55.6

In his inaugural address in January, President Donald Trump declared,

1:01.2

My fellow citizens, the golden age of America begins right now.

1:08.8

Trump added that in his golden age, America will, quote, flourish and be respected again all over the world, and that it will, quote, be the envy of every nation.

1:22.3

During every single day of the Trump administration, I will very simply put America first.

1:32.5

Seated just behind Trump that day were the titans of technology.

1:38.9

Met as Mark Zuckerberg, Amazon's Jeff Bezos, and the richest man on the planet, Elon Musk.

1:46.3

The three men in combination have a net worth of almost $750 billion.

1:54.7

That's according to Forbes.

1:56.1

And yes, that is the same as three quarters of a trillion dollars.

1:59.8

So if those men were a country, they would be the

2:03.1

22nd richest country on the planet. So when Trump speaks of a golden age for the U.S., is he really

...

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