“Here I am,” he used to say in his heyday, “a forty-something Jewish electrical engineer from the Bronx with one wife, two kids, and a dog who sells movies and television programs throughout the world trying to determine what thirty-year-old Christian mothers want to watch afternoons in Gary, Indiana.”
Clearly, inequality affects Americans of every age — and that is why you cannot cure what ails the children without treating the parents, for the ailment is not generational. It is economic, and it perpetuates itself down through the generations.
My friend Sam Lesante asked me to come back to his talk show to challenge more about my book “Letter to the One Percent”. Check out “Part 2″ on The Sam Lesante Show to see another vigorous debate…
No longer can a Republican run for president without admitting that the government must do something about our nation’s most pressing problems — but neither can he ask his friends in the One Percent to pay for it. Thus is born a new slogan: We win, you pay!
It is time that we recognize inequality for the negative externality that it is, slowing our productivity growth, roiling our markets with volatility, gridlocking our political system, and starving our economy of willing and able consumers.