4.9 • 3.3K Ratings
🗓️ 30 March 2024
⏱️ 22 minutes
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0:00.0 | The American people, particularly the middle class, are being absolutely crushed by inflation. |
0:08.0 | House prices have gone up, mortgage rates, and people's rents. |
0:12.0 | Sky high inflation that remains incredibly sticky and persistent. |
0:17.0 | Rising energy prices, rising housing costs. |
0:20.0 | The top 10%, particularly the top 1%, even more so the top 0.1%, took in much of the gains from the growth of the economy. |
0:28.8 | 81%, including Democrats, don't like the direction they're unhappy with their |
0:34.0 | direction of America 83% economic conditions fair to poor |
0:38.1 | 76% believe economies getting worse. There are 25 states raising their minimum wage |
0:44.2 | starting next year. But businesses likely will have to increase their prices |
0:48.8 | according to one expert to offset some of these new added monies and that is just one of a number of |
0:55.6 | changes taking effect. You're going to see reduced employment in all the states |
0:59.7 | essentially where this is taking place. This is just going to pour more gasoline on that fire |
1:05.4 | as labor markets start to weaken. |
1:07.2 | Tyson Foods has its eyes on a different class of workers. |
1:11.6 | The company is now offering new jobs to asylum seekers in other |
1:16.0 | states like New York. The company is excused migrants are getting the jobs that |
1:20.5 | Americans don't want. It reduces the wages of American workers by replacing American citizens |
1:28.0 | with foreign laborers who are willing to work at slave wages |
1:31.0 | that is the decimation of the American middle class and it's happening all over the country. |
1:38.7 | Well to get to the bottom of some of these very complex issues is my pleasure to be joined by |
1:43.5 | Catherine Austin Fitz. He's an investment banker and an economist. First of all, you |
1:49.3 | know you've been very outspoken in the space I talk about a lot about vaccines, medical freedom. |
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