00:00:00
Boomers have just absolutely this couple
00:00:02
of generations. If you look at the cost
00:00:04
of homes, the cost of education, the big
00:00:06
problem in the United States is wages
00:00:08
have not grown except for people who
00:00:10
have a lot of money already. If you
00:00:12
wanted to start a family and you're in
00:00:14
$100,000 in debt for your student loans
00:00:16
and homes have doubled, triple,
00:00:18
quadrupled in price when compared to
00:00:20
your income and we don't have real wage
00:00:21
growth. That's an issue and I think this
00:00:23
will become the issue of the next
00:00:24
election. We see Mandami and the
00:00:26
socialist move. If you really want to
00:00:28
make a compelling argument for the next
00:00:29
election cycle, I think it's real wage
00:00:31
growth. And if you look at minimum wage
00:00:33
and this disparity between what top
00:00:35
earners make and where minimum wage is
00:00:37
in the United States versus other
00:00:39
developed countries, there is a real
00:00:41
argument here. Even though we might all
00:00:43
be free market individuals, this came
00:00:45
out of New York this week. Slow gains in
00:00:47
jobs in New York City for the first half
00:00:49
of 2025. This is New York City. We
00:00:53
clearly have some issues with jobs here
00:00:55
and young people are clearly having a
00:00:57
problem. We're talking here just about
00:00:59
the American dream. Is it broken for
00:01:01
these next generations? Low wages, high
00:01:04
debt, no ability to buy a
