Thom Hartmann Program - 1 Hour Edition - 02/13/19 - Jefferson Smith sits in for Thom today and discusses wealth inequality with listeners, possible economic outcomes, and what questions may be considered during the next presidential election.
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 13 February 2019
⏱️ 61 minutes
🧾️ Download transcript
Summary
Guest-host Jefferson Smith fills in for Thom and poses the questions: Is every millionaire a policy failure? Should wealth inequality be the question for the next presidential election? Thom Hartmann Book Club study on The Third Pillar: How Markets and the State Leave the Community Behind by Raghuram Rajan. Callers weigh in on the question of wealth inequality. Thom Hartmann reads from The Age of Eisenhower: America and the World in the 1950s by William I Hitchcock. Ellen Ratner gives the Talk Media News report.
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Transcript
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| 0:15.0 | This is the Tom Hartman program. |
| 0:20.0 | Good morning everybody. I'm Jefferson Smith sitting in for Tom Hartman honored to do so. Is every |
| 0:27.7 | billionaire a policy failure? What should marginal tax rates be on your 10 millionth and first dollar? |
| 0:37.0 | Or maybe your 100 millionth and first dollar? |
| 0:41.0 | Should there be a wealth tax, as Elizabeth Warren has boldly suggested, |
| 0:48.0 | should antitrust enforcement and the estate tax again become mainline political issues. Economic |
| 0:58.8 | policy by Twitter Handle or even 240 character tweet can make us nervous. |
| 1:05.8 | 240 character seems dicey, heck doing it in eight minutes in between commercial breaks |
| 1:11.6 | seems tough enough. |
| 1:13.0 | But the question has been raised. |
| 1:15.0 | Should there be aggressive action to address wealth inequality? |
| 1:20.0 | And to be clear, yes, I said wealth inequality, not only income inequality, most of the inequality is not because |
| 1:25.4 | somebody earns a high salary, it's because of entrenched including inherited wealth. |
| 1:31.8 | This is a question of many dimensions. |
| 1:35.0 | The big question is should we treat wealth inequality as the big question. Should that be something that every candidate for president, |
| 1:46.4 | at least every candidate in the Democratic primary, is taking on squarely, |
| 1:50.4 | and if so, how should they be taking it on? |
| 1:54.0 | Or should they hide from it a little bit because it is uncomfortable? |
| 1:59.0 | It is particularly uncomfortable when you have to raise the federal maximum from |
| 2:04.4 | donors around the country. It isn't fun to go to your local university club, your |
| 2:09.0 | local article club, your local MAC club, your local country club, it's not fun to go to your local country club it's not fun to go to your local boardroom for the |
| 2:16.3 | corporation the Fortune 500 company that happens to be based in your big city and |
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