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The Warning with Steve Schmidt

Steve Schmidt explains how the SAG-AFTRA & WGA strike impacts the American middle class

The Warning with Steve Schmidt

Steve Schmidt

News, Politics, Government

4.8784 Ratings

🗓️ 15 July 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Steve Schmidt explains how the SGA-AFTRA strike is just another example of the American middle class fighting against the greed of Wall Street. Steve discusses how the American labor movement is imperative to fight the rise of demagogues like Donald Trump and to protect democracy.

Transcript

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0:00.0

Last night, the Screen Actors Guild voted to strike.

0:05.1

Fran Drescher is the president of the Screen Actors Guild.

0:09.4

She explained perfectly what's at stake.

0:13.2

What happens here is important because what's happening to us is happening across all fields of labor by means of when employers

0:27.4

make Wall Street and greed their priority and they forget about the essential contributors that make the machine run.

0:42.7

This strike is not about privileged actors. It's about the American middle class. It's about the

0:50.4

nature of work. It's about the nature of work over the balance of the 21st century.

0:57.5

It's about the dignity of the human being. The American labor movement came into existence during

1:07.9

America's Gilded Age, and what it created was America's middle class.

1:15.3

And America's middle class became the furnace that fueled American prosperity,

1:23.3

American liberty, and during the Second World War, the American middle class saved the entire world.

1:31.3

Americans deserve to be able to go to work and earn a living that helps them create prosperity

1:40.6

for themselves and their family, gives them an opportunity to climb the economic

1:47.0

ladder, to live a purposeful and dignified life. The question at hand, and it is a profound one,

1:56.4

is this, should most of America be pauperized and exist in a state of indentured servitude

2:07.2

to the nation's 1%. Should people be able to have basic economic security, or should they be

2:17.1

pledged to a life of anxiety and worry?

2:21.7

Because 40% of the population in the United States of America, the wealthiest country in the

2:27.7

history of the world, has only $400 available in case of an emergency.

2:35.8

Vast percentages of Americans live paycheck to paycheck,

2:40.5

one broken leg away from financial destitution and ruin.

2:46.2

It is unfair and it is wrong.

...

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