Poverty in America is by design w/Matthew Desmond | The Chris Hedges Report
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- Опубліковано 13 лип 2023
- Some 50 million people in the United States live in poverty today-and over 108 million people survive on less than $55,000 a year. Despite having the largest economy on earth, poverty in the US is often grinding and brutal. From millions who live without running water or reliable power, to countless children who experience food insecurity and homelessness. The data on poverty only becomes exacerbated when race is taken into account. In 2019, the median white household had a net worth of $188,200, compared with $24,100 for the median Black household. Matthew Desmond joins The Chris Hedges Report to discuss his new book, 'Poverty, by America,' which delves into the reality of American poverty not as a condition earned by individuals' poor choices, but a phenomenon produced by the knowing and unknowing choices of the wealthy.
Matthew Desmond is the Maurice P. During Professor of Sociology at Princeton University. His primary teaching and research interests include urban sociology, poverty, race and ethnicity, organizations and work, social theory, and ethnography. In 2018, Desmond’s Eviction Lab at Princeton University published the first-ever dataset of more than 80 million American eviction records. The Lab currently is pursuing nearly a dozen lines of inquiry analyzing this groundbreaking dataset that will help scholars, policymakers, and advocates better understand eviction, housing insecurity, and poverty.
Studio Production: David Hebden, Adam Coley, Cameron Granadino
Post-Production: Adam Coley
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I am white. I was born in rural Arkansas and I lived in poverty until I join the army. I truly believe that poverty is the worst thing that can be done to a human being. It destroys the body and the soul
Why were your parents poor?
Thanks
The army depends on influx of poor people that join the army because it's the only thing that can get them out of it. It's actually sad to think about, it's all by design.
@@boremir3956 If you have few choices, the military becomes a choice. The military can train you for lucrative careers that you might not obtain otherwise. I would think Annapolis, The Air Force Academy, or West Point are not just for poor kids.
@@katydid2877 Yes but what I am saying is, the army knows that poor people are more likely to enlist. It's in their best interest that not everyone is well off.
As a previous foster kid I can tell u that having a support structure in this life is huge. It's a whole different ball game when there really is nobody to fall back on. It's sink or swim. No inheritance coming. Nobody else. Sometimes it gets to be too much and your all alone. There are no family traditions to pass down. No history. No sense of community. Just me. That's hard to explain to your kids
I wish you and your own family all the best. As far as I'm concerned, the society should be judged by its treatment of kids in foster care.
Depending on the age of your children, it could be interesting for your family to make your own traditions as you'll be able to enjoy them especially when they're older and return home to celebrate. I hope much happiness for you as you make your way.
I have a mother worth $2000000 and two brothers. I still feel everything after "it's sink or swim...." Sometimes family don't provide support, just blackmail. She ain't ever going to leave me anything. Yet she goes to church.
@@theflaca very true. As someone who's dealt with this sort of thing, my heart goes out to you.
I completely relate to that and I wish you all the best
I followed the 3 steps of success and put off marriage and having kids to get and work a full-time job. I am now 46 years old, unmarried, unemployed, no children and homeless in Denver Colorado.
u n me both but im in my 30s
For the first time in my life as a young man when I had to move far away from the Security of my Parents Home, I was on my own living in a new city in an apartment on the university campus, I had met many people who were struggling to make ends meet. Now after 40+ years later those people are still my friends and keep in touch with me. Sadly most of them are still stuck in the same old poverty. What is wrong with this country??
the author says mean net worth of whites is $188,000. Does anyone actually believe that? How many whites do you know that have $188,000.
What's wrong with your friends if after 40 years they haven't bettered their lives?
When I was young I was poor. Now, after years of hard work, I am no longer young.
"telling kids that they can't have seconds." That really hits me because I always remember when I was child my grandmother always, always asking the question before we left the table, "Did you get enough." It wasn't because food was scarce, but it was just a priority that we always had enough and were satisfied. We didn't have much but always plenty to eat.
You really have to let children eat as much as they have to or else they won't grow right. Food should be priority number two after shelter.
@@Babu-kr3cr that is absolutely correct.
As a senior, if I did not have the place and ability to grow a huge garden, in America, I would have the choice of starving or being homeless. I still frequently have to go hungry. Meanwhile, I have politicians telling me how lazy I am.
Raising 2 boys neither ever wanted seconds
Luckily, I’ve never had to go hungry in my entire life, even when I was homeless.
In 1990 I was making $250k/yr as a graphic artist. A judge's daughter rear-ended my car, totaling it, and me. She never got a ticket, I got nothing. Couldn't work, lost my home, savings, everything. Then a cousin who was "caring" for me, took all my inheritance when my parents died. The poor generally have been taken advantage of, and that is how we got here. Don't tell me I'm lazy, I AM DISABLED.
You're not lazy.
You probably spent too much when you took more than your share ( no one should ever make 250k).
Many are disabled, including me.
Tragedy can keep you bitter or it can bring you to eternal wealth -- Jesus.
Your choice.
No one takes anything with them.
I'm sorry but I'm not sorry.
You choose what happens to you eternally.
A long time ago, I knew a lady whose 21 year old daughter was killed in an auto accident by the son of a political figure who was DUI, the driver was never charged or fined the lady never got over it. The Lord Jesus is the only one who is true, He is your only true friend, trust in the Lord alone. He does not change, He does not lie and He will always be there for you. He is our surety and our strength. You can find in Him.
I worked 34 years for the same company. I was severely injured at work and when the found out I needed multiple surgeries, I was summarily fired and workman’s comp denied my claim. I am now disabled and trying to live on $800 a month Social Security. And I have politicians and rich businessmen telling me I am lazy.
@@jayleeper1512
For CENTURIES
I moved from Ohio to Alabama to homestead eight years ago. I'm shocked at the poverty here in the south and just accepted! Governor Kay ivey took millions in what was suppose to be money for struggling Alabama citizens from the financial devastation due to covid and instead built two massive prisons ...they claim the prisons cost $900 million dollars!!! Almost a BILLION DOLLARS!!! I watch the jail rosters for my county here , and nearby counties...the jails here are absolutely stuffed with the poor!!! People that couldn't pay their auto insurance, failure to pay fines from tickets, marijuana charges ( its still a serious offense here !), etc!! Families are torn apart because of this...children put into foster care, etc. This is ludicrous!!! Trying to bring awareness to this to locals is pointless I found ...all they care about in this state is football and beer. Unbelievable!!!!
What did you expect? It's a worst state in the union. Get out of there it's not worth it.
Laughs. The South. They never learn.
But Southerners don't call it 'poverty'. They think those people are just 'broke' and it is their own fault
They cut has build a mega indoor farm and employed a whole ñot of people ,teach them a trade and have a ñot of tax payer people happily employ,againt an ugly money pit call jail.
Look for the video ,its friday and im broke an im broke!!!!
This man is absolutely right. I taught history for years. The Industrial Revolution is one of the best examples of this designed poverty. Wealthy industrialists were able to keep wages very low due to having a large class of poor people. The workforce was virtually endless because if a worker quit, died or got sick, someone else would take their place immediately. Poor families had all members working including small children. Poor women did not have access to birth control, so they were constantly having children they struggled to feed.
The very same thing now occurring in the so-called gig economy. Where anything below a five-star rating is pretty much treated as zero.
The anti ab0rti0n crowd are making this problem worse
Fiat money makes this worse. Wages have stagnated since the early 70s after Nixon took America off the gold standard. You end up with more debt which leads to inflation which leads to more poverty.
@@brianbeecher3084yeah, definitely a great example now of how they can get new gig workers everyday and don't care if the ones being exploited quit. Revolving door of modern day slaves. Sad.
What bothers me most about poverty in America is people's unwillingness to recognize it's causes and finally DO something about it! So many people victim blame the poor and working poor in this country (America). It's sickening, to say the very least!!!!!
Yes!
If the Govt wants all those tax dollar they should help people out.
It's always easiest to blame the individual then to critically question the capitalist system we live under and it's part in all this.
Because to recognise the cause is to admit capitalism is quite shit and that is a thing no American politician will ever do and as for the people they are taught to defend capitalism from birth even as it shafts them and their community and their nation.
Worse yet in the USA it's far more expensive to be poor. Overall the system persecutes the poor via punishing people for being poor. Believing if you punish people in poverty enough they'll eventually no longer be poor. Of course they'll be dead instead then...
Cost of living increases are not taken into account in aid programs. I volunteer at a food bank and the folks that come in are either families with both parents working or seniors. Most seniors only qualify for $26/month in food stamps. In my state school-age children get free breakfast and lunch. Housing is most people's greatest expense, and people go without needed medical care. It's very scary and sad.
My mom was poor but never applied for food stamps.
Most Americans are SPOILED.
Poverty is exhausting and expensive. Now that I’m doing better I help others as much as I can. I donate. I always carry cash. People would be surprised how many people in need are all around you if you have your eyes open. I remember the days when an extra $5 - $10 dollars would have changed my whole week.
As a caucasian woman,at 86.5 yrs, I have lived under the poverty level many years. Single mothers struggle to support their families, and now I clearly see how poverty hurts all. Greed and selfish "representatives" pocket funds which are needed to balance the economy WE PAY FOR. These Criminal acts must be stopped
Thats why you marry before you carry. So you don't become a single mom.
stop. it's the "greedy and selfish" moms. you shouldn't be a single mom because you should not be laying down with broke bum men. no ring and no job means no access and you'll be fine.
Single women called themselves "independent women" so they don't need a man
@@darkstarmatter5678riiiiight-- because things like the death of your husband, domesfic violence, addiction and even accidental pregnancies are never in play.
Yours is the extremely simplistic solution to a very complex problem. Take away a woman's right to abortion and you make these problems exponentially worse.
@@darkstarmatter5678 Er, you don't know that husbands leave and fail to support their kids? This is a new, shocking development for you??
The American dream is a nightmare.
And the wealthy think the minimum wage is too high! They really want FREE labor!
Christ taught his disciples not to be caught sleeping and the germs of Germany is bedbugs squatting in the cravivses and panhandling taxpayers with their illegal aliens covenants 🛸🍎🛸🍎of crimes against humanity.
One of the absolute biggest lies outside of us being an actual democracy that the American public has ever been fed!
It is actually fraud.
🤪🤪🤪
For a single person in the continental United States, the 2022 federal poverty level is $13,590. For each additional person in the household, the federal poverty level increased by $4,720. (So for a household of three, for example, the 2022 federal poverty level is $23,030.) No one in the US can live on these amounts anywhere in the US. NO ONE. I couldn't live on what they expect 3 people to live on. It's insane. Politicians who are rich and never knew a day of poverty in their lives make these decisions.
Well said!!!
You nailed it. Our government is corrupt and rich lawyer lobbyists with CEO's not the Agency Secretary's in the Cabinet run our statistics and they never match reality. It is a crime what the data they use to determine everything.
Yes, and they never factor in how decent wages could alleviate the monetary pressure on social aid and help social security in the long run.
Working at McDonald's for 16.00/hr for 40hrs/wk, you will earn 33,000 GROSS/25,000 NET AFTER 25% taxes. 3 People living together in a 3bd/2b house for 3000/mo (rent & utilities) means that each person is paying 1000/mo in rent and utilities. That is 30% of your gross income. 30% of your gross income is EXACTLY what reasonable people suggest you should expect to spend on HOUSING.
McDonald's is ENTRY LEVEL/NO SKILLS NECESSARY/NO EXPERIENCE NECESSARY/FLEXIBLE SCHEDULING/PAID TRAINING/ADVANCEMENT OPPORTUNITIES. I could go on. Losers will always be losers, regardless of the laws or rules.
Politicians need to be removed.
I was a gig worker: An adjunct professor. I taught on 3 different campuses at a time, and had no time to devote to my students as I was so busy just doing the work administration required of me. I had no health insurance. I taught the equivalent of 1 and 1/2 full time jobs and made about half the money of a full-time instructor. I had to retire in a foreign country because my pension was too small for me to even rent a small 1 BD apartment in the US. That's what 8 years of higher education got me in the US.
I suspect you weren't a ball player. I feel your pain bro. This system is VAMPIRICALLY NUTS!
You are probably better off not living in the US. It's going down fast. I'm taking steps to move my family out of the country
Adjunct professor of what? If you wanted to make more money, you should have done something that people are willing to pay more for, not just something you think is interesting.
@@Mark-rw3kw Many of us dedicate our lives to higher causes for the sake of others and humanity in general.
@@minoozolala What you consider to be in the best interest of society and humanity may not be what everyone thinks. Besides, it is often the case that if we do the things we like to do for a living, that might not pay as much as doing some jobs that are less interesting and harder to do. It should be up to the "market" to decide (based on supply vs demand) how much each job pays. If you don't like that, start your own business and pay yourself hat ever you want (that's what most billionaires did).
According to certain economists, there are projections indicating the possibility of the United States and certain parts of Europe experiencing a recession during a portion of 2023. While a global recession, which refers to a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of China and emerging markets compared to developed economies, it is important to note that if economic growth lags behind population growth, the world economy is generally regarded as being in a recession.
My primary concern at the moment is finding ways to generate additional revenue during challenging economic times. I cannot afford to witness my savings diminish to nothing.
Given the current delicate economic season, it may be difficult or ineffective to take significant action on your own. Therefore, I would strongly recommend seeking the expertise of a financial professional who can offer valuable financial guidance and assistance.
That’s why I always make it a point to speak with a financial advisor before choosing any investments. Apparently, I’ve been using one since the pandemic, using profits oriented tactics and minimizing risks as a buffer against inevitable downtrends.
In addition they have valuable access to insider knowledge and analysis, making failure virtually impossible for them. I’ve made over $1.5million passively investing with John Desmond Heppolette, my advisor for over three years now.
Your financial advisor really seem to know this stuff. I found his online-page when I made a google search of his full names online, read through his resume, educational background and qualifications, it was really impressive. I left him a note and booked a call session with him..
Absolutely! A financial advisor can help you create a tailored investment plan that aligns with your unique financial situation and goals.
The main reason for poverty in America is that wealthy people make money off of the poor. Housing in slums, Prison industrial System, NGOs and food programs to name a few. Food programs: Example, walmart can donate the rotten food to the food bank and claim full price for it on taxes.
wealthy people CREATE more money for the poor
@@fd-to7ex you can always tell the children by the emoji and unsophisticated answers, if children are on your side you're probably wrong.
there is no fixed amount of money in the world, the more goods you produce the more wealth there is
@@fd-to7ex i expect nothing more from the low intelligence dregs who complain about wealthier people instead of going out and making wealth
@@007kingifrit You are in a Fantasy, or you believe the propaganda spewed out by politicians and the news stations.
@@fd-to7ex "Ok Boomer" = an unoriginal phrase by people who are unable to think for themselves. A phrase indoctrinated into the inexperienced youth, by the communist professors who control their minds.
I lived in Japan for many years and one of the things that I'll never forget about that experience is just how easy it was to live while not making much money. With basic budgeting I was able to live a pretty decent life making less than 30k a year. Now I make three times my old Japanese salary, but I don't really feel it. There are real structural problems that make poverty and even middle class life difficult.
America is evil
You would think expensive health care is one of those structural issues
You are lucky, we 2 people live on 15 k social security and still have to make ends meet.
@@edstoffregen3623： yes, I agree with you 😔😔😔😔
Three years ago we made the decision to return to Poland because of our deep connection to our country and the lack of a reason to continue wandering in foreign lands. When I left Poland, it was during the early 1980s, a period marked by martial law. Back then, the world looked vastly different, both in Europe and North America. It was an era distinct from the present, and I, too, was a different person-a young, inexperienced individual full of ideals. As we mature and grow older, it often becomes clear that there is no place better than our homeland, the place of our birth. This sentiment held true for us, and interestingly, my daughter feels much more at ease here in Poland than in California.
I vividly recall the constant fear of danger, the scarcity of time for leisure and relaxation. Overtime work was considered a privilege in that country, and a two-week vacation was considered a significant amount of time.
The poster for the new Netflix series "The Witcher: Awakening," which I recently encountered at a bus stop in Warsaw, effectively captures the current state of affairs in America. Through management courses, I learned that a team composed of individuals who grew up in different cultures and environments is more susceptible to manipulation and lacks trust. Such a group is less likely to rebel against management and demand more. I had the opportunity to work alongside Japanese and Vietnamese colleagues for an extended period, and establishing friendships with them proved exceedingly challenging. During a certain period, I also resided in a place where the majority of my roommates hailed from South Korea. I recall a couple who avoided any form of contact. There were never any greetings or welcoming smiles; most often, they would avert their gazes. In my most recent job, the majority of my colleagues were of Mexican origin, and their interests were consistently prioritized. While this acceptance of favoritism may be attributed to their ethnicity, if a white worker were to act similarly, it would be considered discrimination and / or racist behavior. People harbored fear toward one another, and the struggle for advancement within the company hierarchy was inevitable. It is crucial to bear in mind that job loss in the United States often results in forfeiting hard-earned privileges, such as longer vacations, sick days, and lower hourly rates. Less skilled workers typically find themselves starting anew when switching employers. On the other hand, individuals employed on contracts or in scientific sectors, such as education, may fare better and avoid losing everything.
The United States ascended to greatness through the hard work of individuals who arrived without feeling rejected. However, with the introduction of "political correctness," that ideology is gradually losing its significance. Advancement should stem from one's own efforts rather than be influenced by decisions imposed by authorities. For a considerable period, America thrived on the principle that the strong and wise would succeed. Nevertheless, the current landscape is shifting as weaker groups gain advantages, which ultimately dampens the motivation to strive for progress. This erosion of competitiveness impedes the journey toward advancement and stifles overall development. The foundational principle of self-reliance-taking care of oneself-was the cornerstone of America's strength in the past.
In Los Angeles, California, you'll notice a common sight: many houses and cars adorned with Mexican flags. Interestingly, the individuals displaying these flags have no desire to live in Mexico. They still celebrate Cinco de Mayo, despite its relatively low recognition in Mexico itself. Moreover, in several districts, it can be challenging to find English subtitles as Spanish has become the predominant language.
Working nights and driving home at 4:00 am feels like navigating through a never-ending nightmare. The streets are lined with dilapidated RVs and campers, close to the sidewalks, their broken windows and rusted bodies covered in dust and dirt. Trash and rubbish pile up around them, while some lucky ones have their lights on inside, carrying on with their lives. These fortunate few compete for the best spots with tents and cardboard shacks, leaving the weaker ones to curl up in corners, sleeping on the pavement, doing drugs.
This decay is slowly spreading, like a mold, infiltrating even the upper-class neighborhoods, eroding what was once a thriving middle-class existence. It's a cancerous force, leaving little hope for improvement and instead promising more decay and destruction. The situation is deeply depressing.
Two months ago, there was a black African-American woman who always sat on a bench inside a bus stop booth. She never moved, seemingly always there. I wondered how and where she ate, often covered in blankets and occasionally rocking back and forth. I passed by her every day for three months on my way to and from work. Under the bench, streams of urine and piles of feces were visible, but people waiting for the bus kept their distance, unfazed. Then one day, she was gone, replaced only by city workers with a truck and water cistern, forcefully spraying the area. The next day, it was as if nothing had happened. That's how things are dealt with in the city of lost angels.
Sometimes, when you stop at a red light, a window cleaner might attempt to improve your car's appearance with a dirty sponge, or a juggler might perform in the middle of the street, often dropping their tools of trade-balls and bent sticks-all around. On every block, there's a cart offering home-cooked Mexican food, with questionable ingredients and unknown meat sources. It's cheap, but ingesting it could risk your life. Yet, customers stand in lines, pressed for time and seeking savings. No inspections or certificates are needed. Near the freeway, there's a brown Latino woman with three dirty children, selling bags filled with bananas, oranges, and nuts to passing cars. The little girl can't be more than seven years old, while the boys appear only slightly older.
Having worked here for over 16 years, I have never witnessed such dire circumstances. It's surreal and incredibly distressing. This is the Fashion District of Los Angeles.
I experienced frustration when I were not able to get promoted at work due to favoritism. I was minority at my work. A few of white people. Additionally, it was disappointing for me when my concerns about having 24/7 Spanish-language TV in the cafeteria were met with a summons to HR and accusations of racism. As a result, I made the decision to return to Poland with my family, and I have no intention of going back there again. Returning to Poland has brought me a wealth of new opportunities and a deep sense of belonging. This is my home country, and being back here feels truly fulfilling.
It's truly disheartening to witness how these leaders prioritize sending billions to wars while neglecting the pressing issues at home. The deteriorating state of safety and security is alarming, making people fearful to go out for even basic activities like shopping during the day due to rampant robberies and break-ins. The rise in mass shootings is deeply troubling, happening multiple times a day, and the homelessness crisis is evident with people sleeping in their cars near your workplace.
On top of all this, it's frustrating to hear constant remarks about white privilege, despite the tireless work I've put in, often working long hours and sacrificing personal time. The situation is a stark reminder of how the government's misplaced priorities and societal challenges are affecting the lives of hardworking individuals like myself.
While some states, like Idaho and Utah, Montana and Arizona, may be better, the entire west coast seems to be in a dilapidated state. It's disheartening to witness the deterioration, and I don't understand why it happened and why it continues to affect the country and now they are doing it this here in Europe. The current leadership seems to be failing the nation, and it's incredibly disappointing. This situation made me change my plans to live there permanently, as each time we returned from vacations abroad, we were greeted with the unpleasant reality of the state of things. Consequently, our daughter also chose not to return to this environment, and we decided to stay where we are now. I have no desire to go back there again. It's pile of garbage on fire.
I wonder why Europe has been functioning effectively for so many years with most of work places unionized. Perhaps this is why some speculate that the USA desires to disrupt the quality of life here and exert its oppressive influence, ultimately bringing about our demise. In contrast to the United States, one crucial aspect I forgot to mention is that here, we all have government health insurance. This means that even if someone stops working, their healthcare coverage doesn't cease. In our system, everyone is fully covered, providing a safety net for individuals in need of medical assistance.
Life can be so hard I no longer fear death.
Exactly. When I was in my gf car and we picked up a hitchhiker and he pulled a gun to my head I didn’t even get scared or panic. I was just talking to him the whole time. I didn’t care so much when he said it was hard to not have a car. I told him I didn’t have one either.
Being 22 and never had a car or license and my crackhead mother lost ALL my childhood pictures. It’s like my childhood didn’t exist because I have no image to see. And then breaking my back at work just to not get any help from doctors and then to go to check the bank account my grandpa left for me when he died, I looked in there and it was all gone… My mom spent all my money on crack while I was already going through one of the hardest times of my life
No trace of happiness. I’m in pain, never experienced having a car, have countless bad memories. Life doesn’t really seem worth it and I’m serious, I really would end it. The level of pain I’m feeling is a level most people will never feel in their lives. I’ve been deprived as a kid and am still suffering. I wonder if this life was made for me? Am I supposed to be suffering? My mental health is dying.
@@Supr_KILLAHope you are doing better.....don't give up, things will eventually gets better
We're a family of 3 and live on less than $30,000 a year but Washington State says that we make too much for SNAP benefits assistance. 🤬
Also prison labor for 50 cents a hour
I appreciate ALLIES like Matthew Desmond and Chris Hedges! When I think of poverty, I think of the hard working Black men in my family who were relentless in their pursuit to "work and provide for their family." Rarely taking days off, working double shifts, 2-3 jobs to give us "a better life." Waiting, hoping, planning, praying for the day to be able to retire and be able to enjoy the fruits of their labor, only to be DEAD WITHIN A YEAR of their retirement. Cancer, stroke, heart attack, claimed them ALL! This is the burden of living between need and barely having enough to survive. It needs to change! REPARATIONS is the only way to reverse this reality of premature death precipitated by a lifelong goal of trying to escape poverty.
Abuse is rampant for those in poverty and shaming is constant. You can't get disability without a lawyer, I've seen this with family and friends several times. It's a miserable life of difficult hurdles and endless hardship.
world War 3, could solve it, the suffering will never end and get worse if decisions are left to evil leaders and indifferant citizens living comfortable lives
Getting an attorney for disability claims isn't difficult as there are attorneys who specialize in it, but after it's approved, they take a cut of your money.
Really it's a bigger nightmare than horror movies...
The wealthy always seem to find a way to clip the ticket and skip the bill.
Spot on. One of my coworkers husband had terminal cancer and applied. He was denied disability. He knew they were going to lose the house soon and leave his children and wife without a place to live. He went on a nutrition strike and died in three days. It was in time. I helped her file with social security and in five days she had gotten the mortgage current. She also got back pay for the denied disability.
... " The Greatest Nation in the History of the World " ... we are told ...
Not true!
@@edenhundsdoerfer7971... No. It isn't.
? The USA is doing great, did you not see the SOTU from Biden? Lowest unemployment in 50+ years, highest average wage, most amount in savings and investments EVER. We are so rich as a nation. At Fidelity Investments they see 1 in 6 of every dollar pass through their company in some form of fashion.
It's not the greatest but the most powerful.
@@diegoyanesholtz212 Right now ...
I recently came across Matthew Desmond's recent book Poverty By America and I was shocked at what I read. This conversation is a really good recap of the book - I'm so glad more people will hear his important message.
I recall in/around 2016 when the UN rapportuer on poverty was about to present his findings to the Human Rights Council the Trump administration pulled out of the UN Human Rights Council. The rapporteur reported about 5M Americans live in THIRD WORLD CONDITIONS. It's horrible.
No problem to find money for war,this must stop.
Facts
True but the rapportuer did his investigation before Trump was in office. My point is deep poverty is created by capitalism and policies implemented by both capitalist parties (Dems & GOP).
A lot of rich Democrats like the Obamas, the Clintons, the Pelosis ...live in the US. Why do they not share their tremendous wealth with the poor and the homeless
Trump didn't officially become president until January 2017.
Knowing states sit on money and doesn’t help anyone is disgusting and those in charge should be held accountable! The entire system needs to change, from top to bottom!
And that’s a very serious problem in USA!!! This country is biased sorry to say…
As an Australian I cannot understand why Americans seem to not want to support the less well off in society. It’s difficult to imagine that not even public hospitals aren’t free. Also people who don’t have a university education are considered less than as people than university graduates. The USA is the only Western country that takes these attitudes. In Australia our health system is mainly a public system which is free, there are private hospitals where one needs to have health insurance however the best treatment is found in the public system. There seem to be only two social levels in the USA, the haves and have nots. The happiest countries are the Scandinavian countries where taxes are high to pay for social supports
1980"s REAGAN The destroyer of the middle class
As an accounting professional, it sickens me how common it is to hear from partners, managers, and supervisors that taxes are theft. Exactly! So why does Amazon not pay a dime in taxes?!
Because of the tax structure.
@@rosemarieroth1984 The tax law allows such structuring of entities along with “tax planning”
Yet we pay taxes on amazon purchases.
What bothers me is that so many blame the poor for their own inability to get out of poverty. They just don't understand the realities of starting from a negative position. It's like climbing out of a hole with no rope.
It's best not to have children while you're in that hole... Matter of fact, your parents shouldn't allow you to be in that hole in the first place
@kookoo78 hmm.. perhaps you should replay and actually listen this time.
It's called just-world fallacy
Workers are the victims; the SYSTEM that creates the victims is the perpetrator. That's what we must change. Socialism NOW!
@@KnowledgeSeeker78491 and how will the USA recruit its soldiers if there no poor kids? You think the kids of the rich white households are lining up to join the military?
Very interesting conversation and I appreciated what this gentleman said.
Brilliant compassionate man, plus Hedges knocked it out of the park
This was an excellent interview! I’m from DC and my dad worked for the fed govt for almost 50 years. He has the same retirement plan as the senators on Capitol Hill. Good health insurance and 80% of his salary for the rest of his life. My generation and younger no longer has the benefits and investments of large entities that our parents had. Teachers and sanitation workers which are honorable and necessary jobs can’t afford housing. As a nurse I have significant student loan debt to repay. I think a livable wage, decent education and affordable housing are a good start but in a country where profit is valued more than people, it will be harder and harder for poor and working class families to survive.
Exactly the same in the UK and Europe.
❤️
Tell that to the Boomers
Because of people are valued more-
What happens?
They reproduce nonstop.
And then what happens?
Scarcity of resources, supply and demand, prices, space, etc.
You can divide or do as much math is possible and it'll always end up that resources are limited.
The people who run the world and have models from beginning of intellectual time, all the way up to now; always point to resources being scarce when populations reproduce non stop.
Even basic stuff like global warming:
If I put 1 person in a room, the room is normal temperature. If I fill every space in the room with people, the room will get super hot.
The earth has been receiving new people since beginning of time not to mention everything else, cars, machines, etc.
When it comes to population control- it's either a few here and there.
Or like almost everyone together a flood or unlivable conditions.
I feel for people. But at the end of the day. It is what it is.
It's absolutely disgusting that Senators get all that benefit off tax payers , yet work hard with corps to take these same benefits from tax payers it's a big scam .
I will find this book and dive in. I too lived in Milw and learned about generational poverty. Made it my personal mission to empower moms to learn,do more in the inner city. I worked in nursing 39 yrs in 3 states, never had a union job, never got more than 3% raise even with walks on water reviews. Had hospital systems mismanaging things so massively on daily basis my life and my patients were in danger but execs always had their 6 wks vacation each year though I had to fight to get 5 days in a row off...except once in 39 yrs. Now after the covid mess in healthcare, with fewer working, more is expected and I am sure they are using all the same tricks to avoid paying staff. I actually got used to living on 25k/yr... no vacations, only buy on sale and not much. Poverty became my way of life . When became disabled took 3 times applying to get it through with help of charity lawyer, judge in case was disgusted saying was clear 3 yrs before. Would rather work than be disabled. Just discovered is a company that administers health care from feds, takes their $5 bn cut a year but doesn't improve healthcare, just profits off all medicaid, medicare, imprisoned healthcare. Feel this needs to be stopped. Accountability is severely lacking lately.
Therein is the source of the problem. Shrewd people, leeching off the systems. I am alright Jack, to hell with you. A totally different mindset of my Parents and Grandparents generation. It was not about pulling a fast one over your peers and neighbor and community. The consequences are and the reaping.
I'm so sorry for your financial struggles after giving so many years of providing health care services to those in need... Please try to stay strong and I pray that your health improves!!
@@dannettejackson202 Thank you.
I just came across this randomly and it actually makes me very sad to see what’s going innen the U.S. I’ve always known it’s hard to make a living over there being not rich but to listen to this was heartbreaking. It is unbelievable and actually makes me value my country even more. So many people in Germany are complaining how badly we are off but compared to the U.S. we live in paradise. I really feel for all those people trying to survive while the richest are living of them. Even with a good education you can’t make ends meet over there. Which is an absolutely shame. 😢
Heartbreaking indeed, here in Spain we dont have big salaries but enough to live decently and health care is great and free, load off your shoulders, l am astonished at the level of callousness and exploitation in the so called riches country in the west
It isn't that bad here. Homeless are drug addicts. Poor are on welfare and refuse to work or stay at a high school kid type of job.
I have a friend whose niece has two kids but never been married. She doesn't work but took a nice vacation this year. But on paper, she is living in poverty to increase her handouts.
@@cal9112 it's fearful, especially the bit about the algorithms ect.
@@anniealexander9616 She is probably not working because if she did the monthly rent and child care would override her salary ect.
@@Supr_KILLA God bless you darling 🙏
In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
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Not just in America, but thanks to the lack of healthcare and it being tied to a job at the mercy of an employer, it is certainly much worse than anywhere else in the west.
Yep
Of course, here in Brazil is certainly worse..Don't give up !!!
I read Matthew Desmonds book in 2018. It was such an eye opener. I'm glad to have caught this interview with him.
This was both fascinating and heartbreaking at the same time. I worked for 20 years in healthcare with the last ten in a long term care facility and an assisted living facility, ending right before Covid. Wages were low and they made sure that they did not have enough staff so that you could count on doing the jobs of 1 1/2 employees. I always had to have two "side gigs" to barely get by. Seeing how they took advantage of staff was shameful, especially when it came to caring for sick and disabled elderly. At one point I had a 7 hour heart ablation surgery. Asked my boss to fill out FMLA paperwork-turns out she never did. And one week after i came back to work she told me to extract carpet (big machine!) in one of the apartments. I refused.
The fear is always there when you have jobs like this.
Wow! This is a fantastic video and we can now explain why we see so much poverty around us. Many people want to believe that these people can do better if they just get out and get a job. This couldn't be further from the truth. Thank you for this video, I only hope enough of us can make a difference for the people suffering through this. It is a tragedy that should not be blamed on the people that suffer it.
So, why not better your skills?
@@youtubesucks1499are you hiring people? If not you have no right to blame people for not being able to get a job. You guys always shift the blame on people who cannot find a job.
I've lived in poverty all my life an never had time to worry about how to do it we just did with the help of our family, friends and community. I never realized how poor we actually were, twelve thousand a year and 3 children we survived only. Many times I've wondered why does it have to be so hard and we just live without a lot most take for granted. I know I've overpaid and have been cheated by employers and trades people because I've had no choice. I still choose to help others when they need an give my time an attention to those less fortunate.
God bless, man. I've been the same.
Despite having had the privilege of my single mother now earning nearly $150,000 a year, I've watched her literally cry about having called the electric company to schedule a late payment because she just wanted to buy some Christmas decorations.
My mom is a woman who went back to school at 43 with two teenagers under her roof and no financial assistance. And regardless of how bad she's treated me as a result of past experiences with her father, brother, and my dad, it has truly upended my sense of hope to watch her efforts get drowned in debt.
Again, my mom is a woman who makes well into six-figures. But she is still so trapped in the cycle of poverty that something as basic as buying $100 of Christmas lights means having to make payment arrangements on the light bill.
This country is DESTROYING the people who've worked the hardest to overcome their circumstances. And worse, the guilt that gets shoved onto white men like myself makes this even harder for everyone to face. I often feel like a total POS because I can barely pay my own rent, let alone give my own sister money to pay for gas so she can drive to and from school to pick up my her 7-year-old daughter.
I don't want my niece growing up in a world where she can't trust the men she knows to look out for her.
I may be gay, but that kid deserves to trust me as a protector and provider as much as any man she ever looks up to.
Yep, those who are poor, have been poor or who just make enough to barely be above poor, give the largest percent of their incomes to others. Those middle class and upper class, give a few bucks at church on Sunday and congratulate themselves for being "generous. "
What is needed is education and clarity such as this book.... Thank you.
Bless you
I have a question: I didn’t grow up poor I was blessed in that regard, so that’s why I’m asking this: Do you think that it would help to have maybe lived with another family that was also poor and pooled resources, until your family was able to climb out of poverty. Or do you think that it’s just too hard to have two families with 2 wives and 2 husbands (& children if they have them) share a space for 2-4 years? And then perhaps purchased a double house, so one family lives upstairs and one lives downstairs? I always think that that would be a good idea, but I’m unsure if other people namely black people or white people would be willing to do this.
There is saying that a presenter shared at a conference in 2006 that is most appropriate for this video, "Every society is perfectly engineered to get the results that it is getting." American-style poverty is an industry that fuels the economic engine that maintains (with an oppressive system of criminalizing laws) and sustains (by deceiving people into voting against their best interests) the wealthy and the powerful.
“Did you really think we want those laws observed?" said Dr. Ferris. "We want them to be broken. You'd better get it straight that it's not a bunch of boy scouts you're up against... We're after power and we mean it... There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted - and you create a nation of law-breakers - and then you cash in on guilt. Now that's the system, Mr. Reardon, that's the game, and once you understand it, you'll be much easier to deal with.”
Atlas Shrugged by Ayn Rand
“The question isn’t who is going to let me; it’s who is going to stop me.” - Ayn Rand
Australia being led down the same track,by corrupt politicians and their masters.
Exactly
We in Tea Party Patriots agree. Join us in fighting to change Congress into becoming fiscally responsible.
@@tj92834 I understand it and wish we could get people to vote out the big spenders and corporate shills and military industrial complex ass kissers.
Thank You Very Much for this Important & Informative Episode 💐🦋🍃
Going through the comments I just have to say this. Let's all CALM DOWN. It's true things are this way but do you know why the rich keep getting richer? They are smart enough to keep doing whatever they do that works over and over again. Even if some of them are not very ethical. Truth be told, the world has always been like this. My advisor cautioned me back in the pandemic times that it's gonna take at least 5 years for the world economy to normalize again. And it's been rolling out like that so far. I took some measures, diversified my then $120k portfolio into more time tested holdings, today it's close to the $1M mark. Do I feel the inflation, sure! but can I live with it, YES! All because I played the game smart. The sooner you work on something, the better and faster the results. Of course the economy is like a storm right now but I can bet you that A LOT OF PEOPLE still live their normal lives. Cut down spending a little bit, adjust to the state of things and surely you'll weather this storm. Don't get me wrong, most politicians and banks are still selfish i**ots
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for. You are doing well for yourself. Kudos. Is it your advisor that helped you diversify. This could be worth looking into
Yea. Mary Elizabeth Huxley. Her name might ring a bell. She gained a lot of popularity during the Covid times when she coaching on how to take advantage of the markets and remain stable even from home. She has been of great help in that aspect. I work a full time job so I did not really have time to look into setting my finances right all by myself. People like her are what we all need at some point in our lives.
Hey, I'll check Mary out right away. I am just curious to know if she can cater to non US residents
By all means make an inqui,ry directly to her. I am not in the best position to discuss what you might be looking for. I am just a lucky client... Glad I heard about her back then when everybody was recommending her
Can you say con?
My son's girlfriends is a Navajo Nation tribe member and the poverty she described to us is heartbreaking. The Native Americans are and have been suffering with such extreme poverty, and no one cares.
those of us who care are in no shape to help. all we have is a vote and it's always for rich people who don't care.
@@margaretjohnson6259 Your words are wise and true, we will keep faith and thank you!
It’s shameful. They’re poor because they’re dependent upon the government. Reservations should be completely eliminated and those people should be helped to assimilate into the country so they can get out of poverty .
sanchezhandymen34444' In a historic settlement, the federal government will pay the Navajo Nation more than half a billion dollars to settle claims that it mismanaged reservation funds for more than 60 years, the tribe and the government announced Wednesday.
At $554 million, the settlement is the largest obtained by a single American Indian tribe against the U.S. It caps a drawn-out dispute filed in 2006 with the U.S. Court of Federal Claims. On August 16, 2021, the U.S. Treasury allocated additional $217,907,006.50 to the Navajo Nation. With this second allocation, the Navajo Nation received a total of $2,079,461,464.93 Fiscal Recovery Funds. Tourism, mineral production, and lumbering are the main sources of cash income on the Navajo Reservation. Budget provides $4.7 billion for DOI's Tribal programs, more than $690 million above the 2023 enacted level, including investments that would support public safety and justice, social services, and educational needs to uphold Federal trust responsibilities ...Mar 9, 2023 health care>The Navajo Area Indian Health Service operates hospitals and clinics at population centers on the reservation. Treatment is free to tribal members.
@@Shadow-7773 So.. a lawsuit was filled by the Navajo Nation, heard in court and was brought to an agreed settlement? Thank you for the information, I had not heard of this, I will look into it.
During my round the world trip I saw the most extreme poverty in the US
Homelessness is as extreme as it gets. More and more people are one paycheck or emergency away from going down that road themselves, or are already there.
Then you didn’t go to India or Nepal or Pakistan or much of Africa or China or many many other countries in which a good number of citizens live in abject poverty.
Honestly You may never know the value of that €1 you have until you go bankrupt, the bad experience I had last year really made me feel that our school curricula should contain more financial knowledge and education. It is never enough to have a good job, a huge salary and all the luxuries at your disposal. But saving money and investing it wisely is never a bad idea,... I learned how to invest, no matter how little, but life really believed me the hard way. Thank you for the nice video its always interesting to watch your content
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this lately in life. Currently I earn as much as 10 grands weekly and this has improved my financial life.
Wow, congratulations on your impressive Inves tment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making Inves tment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
Obviously I don't really trade myself, I have a good financial advisor who guide me.
CATALINA VLADIMIR is my financial advisor who assisted me , I found her on CNBC where she was interviewed, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself too.
Thanks for the amazing information, it's really helpful to me too, let me reach out to her
I've seen and evaluated poverty as a design to be a truth. 😢 it's SUCH a devastating trap, so hard to escape at every turn. 😮
In 1980 I was a well-paid educational textbook writer in NYC. Within 3 years of Reagan's arrival and transformation of the tax code, that career was gone---and so were the next two professional avenues for which I worked my ass off. Then somehow I got into an Ivy League PhD program, taught 6 years for pennies while the school got richer and richer, and my graduation present was bankruptcy. Then 22 years of permanent part-time university teaching on LESS than minimum wage. I'd had it---and sold my family home and left the US for good in 2015. Doesn't matter how hard you work or what you contribute. The American "ideal" is to pay people nothing, and it's getting closer every day.
This is now so obvious the strike occurred as I saw this as I didn't become a teacher because college was only 2,000 per year for tuition and books a Pell Grant was able to attend college in '81-84 then I was required to care for my mother dying of cancer the trauma emotionally I had to stop college. Medical care in California is the worst since Reagan became governor who was bought by General Electric. The surgeon was allowed to kill people during surgery and same surgeon forgot type of surgery he discussed with me with also received my confirmation of precise details of surgery that he changed then wrote totally false hospital record violated law by refusing to provide my medical record to repair the harm with his defective implant that he was to notify the FDA that was not written. Electronic Healthcare Records created for profit not for better health care as the GAO report gave to Congress .
I was born in 1981 and at 41 i was working overseas and divorced my wife of 5 years cause I was working my ass off and she refused to help out so I lost half of my life savings 200k came home and was left homeless and now I am like fuck the us I am moving to another country as well I am also a 16year veteran
@@Ellfyn Our betrayal and our compassion for each other must be the two main drives of opposition if there's to be anything left of us in 10 years.
@@37Dionysos I could not agree more but it is hard I feel like just giving up I been fighting for far to long
@@kp6215 KIlling Americans is a cottage industry as the 666,000 FICA recipients that died because they thought Covid was a hoax and refused the vaccines as the media told them to. The same media monopoly of 90% in 8 corp hands all facing a FICA payroll tax hike. Mortuary Services Index was up 27.5% in Aug of '21. Funerals spiked church attendance.
Thank you, Matthew Desmond and Chris Hedges for this discussion! 😊
Poor, uneducated people are easy prey for predatorial extractivist capitalist system😢
A lot of rich Democrats like the Obamas, the Clintons, the Pelosis ...live in the US. Why do they not share their tremendous wealth with the poor and the homeless
I agree. Poor people are more likely to use tobacco and alcohol.
Most people don't want to know anything. This is easy living for them.
I'd disagree the people have 100 percent literacy rate in America, it's miseducated, the ppl that own the world don't want a truly educated pop.
YES, MEN LIKE, HOPE BRYANT, TALKS UP, JACKS UP, A STORY OF HOW HE WILL EDUCATE THE POOR, ESPECIALLY, BLACK POOR, TO CURE CAPITALISM, WHEN ALL ALONG HE REVEALS IN ONE OF HIS BOOKS (WITH THE WORD, "LOVING" IN THE TITLE) THAT HE IS ALL COZY WITH THE DAVOS CROWD, WORLD ECONOMIC FORUM (WEF). WARNING: DO NOT WANT ANY OF THAT.
It's time to breakdown corporate monopolies,
And no more ZERO TAXES
Its time for AMERICAN unions
Thank you Matthew for your indepth work, study and books to educate the uneducated and give the educated poor more wisdom.
If I had 55 thousand per year, I would be celebrating. I'm super smart and don't even come close to that much money.
I fervently await the coming rebellion.
I don't know what you mean by "super smart". It could be scientific prowess, a way with words as academics, possessing deep background knowledge in history or economics, having a great memory and logic functions or financial savvy, mechanical genius, spatial awareness and design capability, etc.
There are many essential, useful jobs, life-enhancing work, at which people labor for about half that 55,000, gross, working full time.
Your intelligence might make you a more efficient, better worker. But anyone who "does the job" deserves a decent wage.
Most working class people, unless employed in say, a weapons components factory, aren't paid well.
And to be fair, many employers could not afford much better wages. They aren't subsidized by government contracts.
I am in the under 55 thousand category too, but I don't think my costs-squeezed employer could afford a big raise. Everyone has to eat, I've noticed. I work in the dairy and frozen department of a small family-corporation store. I like the job and setting. But I will never be "well off" from it, other than physically from all the exercise.
Agree! 61 yes of age. I have worked since the age of 14 - even through college years. Couldn't finish because of lack of funding. I've worked in the same industry for nearly 20 yrs (health insurance examiner) and don't make $18.00 an hour. Every day is a struggle, and I know I have it great in comparison to others! My heart goes out to them. Now, to find a way to organize...
55k isn't much in alotta cities and that is not take home still have to minus taxes benefits and retirement . I make over that but I live in high property tax Texas and a single woman so mortgage isnt cheap and I make it but never really able to save much if any money monthly and that's with no car note .
There won't be a rebellion. They'll do just like they did with the New Deal, give only poor Whites a hand up and they forget about the others.
Be a part of leading it. At least call your legislators and let them know you are aware and watching their action or lack thereof.
everything they're discussing defines class war. our problem is too many of us are asleep, or distracted by tv, sports, or conditioned to believe the rich aren't greedy bastards, bleeding us to death.
You're right you're sucking his dry
You're so right. That's how the Romans stayed in power almost 1,000 years. America has a long way to go to hit that mark and I don't believe it will. The number of guns in private hands is just one aspect of how people are changing for the worse. Their values, their treatment and views of others are despicable. Trump took advantage of that concept, which further increased racism and divided the country. Distractions like sports, etc., only help the rich and those in power. Corny to say, but it's a very sad state of affairs.
I agree 💯
They aren't greedy bastards,they are smart men who know how to use the systems. Remember you can also be rich if you work hard
@@georgepresley5120 whoa,,, george, if you really believe the system isn't rigged you have a long way to go. class war started here before the united states was the united states, and hasn't stopped. we have people living on the streets, men, women, children, families. all the while ceos are getting hundreds of millions a year, over 570 billionaires made during the pandemic, here in the usofa.
wages stagnate while the number of rich increases. other countries have public health care and free college and university education. while we have staggering numbers of bankruptcies from medical expenses and huge debt for college students. time to wake up and learn where you live. this is an oligarchy.
I don’t live in America but visit yearly and this guy Matt Desmond is talking so much sense just think what a better opportunity that the every day child of America would have if this guy was in government!!!
I used to live in the US in my twenties and love the Country. My family still lives in Florida. I keep a very close watch on American Politics. Now I am 67 and live in Germany since 1986.
Here we have free universal Healthcare and don't have to pay for medication if you have a doctors prescription. All you pay is 5 Euros prescription charge and if you are retired you pay nothing at all. We have been thinking of moving back to Florida to be with the family, but that whould cost us 1500 Dollar each per month, just for Health Insurance alone. That would take almost all of our monthly retirement pay.
I will never understand anybody voting for Republicans who in all my years paying attention to American Politics have boycotted any attempt if the Democrats to make life better for all. Obama wanted to implement a really good healthcare System for all americans - got boycotted by the Republican Party- the outcome was a much lesser healthcare. The list goes on and on. Whenever America is about to move ahead to a better and brighter future for the entire nation - Republicans put a STOP to it. It's no wonder America never really solved all it's many problems like racism, gun violence, aso.
As long as there is a Republican Party having any say in the country there will never be any real changes for the better. America could be sooooo strong and the most beautiful place to live, if they would finally start seeing each other as 1 People and 1 Nation and 1 common goal -
namely a better life for all.
What they have created is a way for people to be in poverty and then, criticize them for having a cell phone? Horrific thinking!
I believe that austerity in America is a form of sanctions against the American people.
It’s literally class war. It is a redistribution of wealth away from the majority, towards a minority.
Truth
I'll take it one step further, I believe that they hate us. Not just the republican party, but the rich as well. But they need us. And thus do we find ourselves here, in a hell of their design.
Which country?
austerity just means making cuts when you run out of money....its not a plot, its life.
Poverty is a curse and America should be ashamed of itself. Something must be done immediately. It's horendous.
Thankyou. Matt articulates the issues and potential solutions concerning poverty better than anyone I have listened too on this subject, particularly politicians.
The 70s was absolutely the American apex of worker rights, housing affordability, and a sense of civil rights. The music and cars were great as well. So glad I grew up in that era.
I too grew up during those halcyon days. The way things have changed is a dismal reality that we just couldn't imagine happening. But here we are.
Les FUTUR TRISTE vont les payer TRES CHER si ce n est DÉJÀ PAS LE CAS
The music was good and the cars were downright AWFUL (after 1972). The 60s had good cars, and then starting in 71-72 automobiles entered a very dark age. Think the Pinto and The Pacer, as well as the Mustang II. Also the land yachts with v8s that produced a whopping 150 horsepower. Good times. The 70s was also the apex of inflation.
What about my generation house are 450000 plus interest and we make 15 dollars that fall in value daily
I remember the gas wars during that time…
25 cents a gallon on one corner, and 24 cents a gallon on the other corner. The next day they’d both be lower!
Ahh. The good old days, when a family could afford to spend a Sunday driving a hundred miles to the beach or sightseeing in other counties.
We have become so desensitized that we have no empathy until we find ourselves in the position to have sympathy. Why do we have to fall from the fifth floor to understand that an injured person feels pain? If the dollar actually loses its global worth, so many of us who are smug now will understand poverty on a level never know.
I hope the dollar loses its global worth. China will beat US economy by 2037, which is a good thing because they’re doing a lot of things better than USA. Better public transit, less crime, overall more equality. China makes America look like a third world country
💯
Thank the Democrats and the Biden administration.
In their defense, most of them were born with empathy, but their news sources keep telling them the poor are just lazy, and really, they're fine, and oh the poor are the reason the middle class have less!! And they just don't want to work!! It's lies after lies after lies until a person starts to believe it all.
I've watched it happen around me. I've watched those lies take hold. I've watched people On food stamps start to hate everyone else on food stamps. Because of course they need them & they deserve them but their tv keeps telling them that most people don't, so obviously they're just the exception & other people are the problem.
It's insane.
You captured our predicament perfectly
I did all the right things career/business but was still shafted in my old age basically sleepwalked into the scam of relieving us of our lifetime wealth and savings via “mandates and unscrupulous laws”
Thank you for what you’re doing Chris! Things need to change! I am looking into moving out of the country at this point because America is getting worse and worse. Glad people are finally realizing the scam that America has become.
If you get the chance, leave. You will live a safer, better and cheaper life abroad.
It'll probably get worse in 90% of other countries. The whole world looks bad rn and America is actually in a better position than most other countries despite it being also so terrible...
Move to El Salvador.
In South. Texas the ave. Pay is10-12
Bucks an hour...Ave. rent is 800-1200
A month..Most low income citizens
Are struggling to make it week to week
Raising some good points. I will never forget seeing my vulnerable elderly neighbors die of strokes while they were being evicted from a home they were promised they could stay in
Who said that quote..."..because we can't satisfy the rich."
The elderly should be guaranteed some kind of housing. It’s not like they can go out and get a job.
@@diannerobinson7858MLK= Martin Luther King?
@@henryrollins9177Yes
@@uninsurable9028 The government has raised the age of full retirement from 65 to 67.
Sending billions of Dollars to Ukraine is by far more important that the thousands of homeless and poor people that roam the streets of the United States, so thinks the senile at the head of the country!
I’d encourage you to expand your understanding of inequality to more of what Hedges and Desmond are talking about. It’s not just Ukraine or Israel or Saudi Arabia. It’s extraction by billionaires 24/7/365
But think about the last part of your statement. The 'senile' at the 'top' part of the country. They are at the 'top' for a reason, what they are doing is deliberate not 'senile'.
@@jayx.6813 I guess that the more than 140 billion dollars that were sent to Ukraine could have contributed in large part to treat homelessness and poverty in the US. In large part...
Not a bright comment. Try again.
@@richardkhalife well then, welcome to the Left! It seems you want to defund the war machine and feed the homeless 👍
Bravo. It's refreshing to see such content. Not only to acknowledge the problem but also how you benefit from it
This was amazing to listen to. I love this man
Thank you so much for having compassion for the impoverished-many people don’t. Also, thank you for the research you did to find solutions.
@@chadabercrombie6860 that’s so very true. Following a mental collapse in 2010 I have been unable to work full time and I live with family. I’ve had to buy and resell things to make enough money to live on. I’ve been denied disability benefits. I do receive food stamps but that’s it. I don’t feel like a human being who matters to the world. My son was 18 when I got sick and is a good man so I was at least successful as a parent. It’s as though every step forward I take is twice as hard because I’m so far behind I can’t see the forest for the trees. I often wonder why I’m even here because I feel I have no purpose. I lost my parents in 2020 and 2021 to Covid so I lost the opportunity to care for them very long. Poverty has so many aspects and the worst is the mental toll. That’s why addiction is so prevalent. Often the poverty comes before the drugs which compounds the problem. I would be very interested in the number of impoverished people are mentally ill or suffering from PTSD. You hear of how much money Bezos and Musk donates but I can promise you I’ve never benefitted from them and I wonder who could say they have. No, they don’t owe me anything but in my opinion when you are blessed you have the responsibility to pay it forward.
Wow! Thank you for this!! So TRUE !!!
@@rebeccagilstrap3507 you're making so many Excuses -- especially the drugs.
Please go live in a drought striken part of Africa and learn what life is.
It's not about complaining but being thankful for the Many things you DO have. Then you Will be valuable. Now you make Yourself invaluable.
What a screwed up system, what a screwed up country.
Do you live in America? Do work to change it, or just whine and cry?
The most stupid greedy nation on earth..AMERICA..most corrupt slave nation ..
It has all the earmarks of a diabolical creation.
What’s the hallmark of a good country? I am just wondering so asking honestly, do you think a more socialist system is better?
@@underated17 Healthy, smiling people - not the evil scum you see in USA.
Hello Chris, I’m a 60 year old UAW worker I agree with so much of what was discussed. Unfortunately we live in a country that both parties wouldn’t do the right thing, the money would be wasted on the next war😢. If we could figure out a way to trick the government into spending money 💰 on social problems like it was a war 😂
This could be a research topic
I live in Houston,im BLACK, just made 50 this year and I came to realize where you live, how you were raised,(by your parent or parents)how you been educated,and how much access you have to money and opportunity makes all the difference in the world,between failure or success...just my thoughts
Poverty in America is not the goal, but the outcome of a system whereby slavery was transformed from an illegal, politically incorrect system to one where labor is "outsourced" to "independent contractors" where individuals house and feed themselves independent of the master and are no longer whipped in the traditional sense, but whipped in other ways.
Exactly! They figured out a way to have their cake and eat it!! It's not just us black folks anymore. They've enslaved the vast majority of Americans, and to my great astonishment, they support and defend the very ones who are enslaving them!!!!! 😱🤷🤦
A lot of rich Democrats like the Obamas, the Clintons, the Pelosis ...live in the US. Why do they not share their tremendous wealth with the poor and the homeless
This is not unique to the US, it exists in every developed nation that had a neo liberal revolution.
The Keynesian model was about full employment and a functional balance of power between labour and capital.
The inflation and chaos from the oil crisis in the 1970s was blamed on the economic model and neoliberalism was championed as the solution.
Controlling inflation became an obsession and was used as a sledgehammer on workers rights and level of employment.
An unemployment rate of about 4-5% was set out as the ideal to control inflation.
As working class wages have gradually fallen in real terms, the unemployment number can come down because the working poor don’t drive inflation.
It is truly sick.
@@tonedowneexcellently put
As a poor person myself, I would NEVER give birth, I am not evil enough to pass on my suffering to the next generation.
I look at people who are as poor as me, struggling...and having kids...I question their level of compassion.....or IQ...
By your point then, only the elite should have kids, that is a slippery slope you don't even want to go down. And if you are a man, I assume by your moniker name you can't give birth anyways.
No one can dictate to another who can or cannot have kids, many have children when things are going well, then there is a downturn.
I am a mom of 2 boys I had early to mid 2000s, then my husband was laid off for 4 years, we struggled.....what were we supposed to do give the boys back j? Never should have had them.
Come on now
Bless your heart!!! It simply is selfish to bring another life into an unfortunate circumstance. It takes a well adjusted and selfless human to take this position. You seem like a pretty decent fellow so i pray for better fortunes for you.
I have bad genetics and barely make enough money to take care of myself. I'm not cruel enough to force another human being into my mess.
@@JenniferRusso5 GOD bless you and your selfless and compassionate heart!
THE TRUTH 🙏🙏🙏🙏
My dad was born in 1942 in a very poor part of rural Appalachia and had nothing, him and his brother used to wiggle a foil antenna to get 2 channels on a black and white tv, when he left and went to Ohio he got a decent paying job with Square D electric making switchgear and kept the job his entire life and worked out of poverty, the problem today however is it's very hard to keep the same job since they close all the time and union membership has gone way down, there is just not much security anymore, always got some rich guys trying to figure out how to mess over the little guy and get richer because if they have $20 million it's not enough they want $60 million.....for you with knowledge of the bible you know this is the reason the rich ruler went away sad after asking Jesus how to get to heaven because he loved his wealth too much to give it up to follow Jesus....
I would so vote for this guy.
Me, too.
The saddest part is that the people who need to hear this the most never will. They are willing participants being used as pawns in the bootstrapping narrative perpetuated by the “powers that be.” Great video production!
Very true!!! 👍
if America has enough poor people, why are we allowing millions of poor people in from other countries? something isn't adding up.
@genkiferal7178
IDK, because years, and decades of American foreign and domestic policy created the migration of so many poor "brothers and sisters" to this Country in search for better lives!
The slightest bit of research clearly shows this to be the case. But that cognitive dissonance thing is a bit*h!!!
@@genkiferal7178 my guess is because American altruism to foreign entities citizens is to save face and atone for crimes against humanity done to their nations years ago. America does not feel it owes its citizens anything past their inalienable rights of being American. In the black culture, we call it sweeping other's front porches but neglecting our own. Just my take.
@@lynnerene i am sure that is part of it.
I hope the black communities start setting up black markets so that they can by-pass the digital currency (CBDC) coming to the USA. You'll need to have more people able and willing to work off of the books. I've been asking myself how I, too, can work off of the books and I haven't found the answer yet.
We'll all still be forced to pay for electricity, utilities, gas for our cars, etc. with our "digital wallets" (CBDC and digital IDs), so it will be safer for 5+ people to live in a house owned by a family member and that one family member can be the one using her "digital wallet" so that the rest of us don't have to.
I have found so far that the black community is least likely to call me a conspiracy nut than white folk and black coworkers sometimes discuss the subject before I so. That is an encouraging sign.
Poverty in America is a trap, once you’re in it’s increasingly difficult to get out. You pay more for almost everything, and have limited access to wealth building tools. Someone in the US has to generate a substantial income consistently in order to cope with life; which is not the case in order parts of the world .
Its the same in most of Europe work hard and stay poor or eventually you will own nothing and be happy.
Exactly, and when the stakes are so high & people are in constant fear of falling back down the ladder (no matter how high up they’ve gotten) it creates a vicious cycle & leads to all sorts of bad things, such as the ones discussed in this video.
The biggest problem with the USA is the cost of living.
Why are there no really affordable houses or cars in the USA?
The laws and regulations seem to insure Americans can not have
access to inexpensive cars like Dacia or Tata motors and that a
house is so insanely expensive that a huge percentage of the population
can not afford one. Then there are property taxes that make it
hard to continue to own a house. It is like the word 'affordable' is the
only curse word in the American language,. In The
federal government the average salary for federal workers
is $109K a year while average pay in the private sector
is $70K a year even when factoring in CEO pay.
Just purchased Audible and Kindle versions of Mr. Desmond's book.
Reagan started the trend towards extreme inequality that is still ongoing today; when the corporations gained unlimited political power at the expense of working class. The top 1% gained more wealth out of the bottom 80%. A growing portion of America struggle just to survive, not contributing to country's development--America is in decline.
Yes he did
True & whether a Republican or Democrat gets elected, we the people will get more of the same failed Republican trickle down economics we’ve been getting since Reagan. Why?
Because both parties are funded by the same big money donors to get elected & represent their donor’s interests at OUR expense.
So maybe voting for leftist 3rd party/Ind candidates isn’t the wasted vote. Maybe the truly wasted vote is voting for the Democrats & Republicans. Right? 🤔 🤨
And people still want to say that Regan was a great president. He was the one that started this country's downfall and it has just been sliding faster ever since he was in office. Just goes to show you how propagandized the American public actually is.
@@feralLove and then Nancy with her Just Say No campaign then
Nah. It started in 1972. (See the Powell Memorandum) And besides, Reagan was a puppet of the CFR.
Higher education does not guarantee a middle-class lifestyle. I have both Bachelor's and a Master's degree and still have not reached a middle-class income. Most of the jobs today are low-income jobs and there are very few that offer middle-class salaries.
Same here.
That is why I attended 2 colleges, got my student's loans discharged and never worked a " job" that supposedly " pays" wages. Didn't see any point of getting out of the house to " work" for nothing in return
CRIS YOU ARE ONE OF MY GREATEST TEACHERS
Unbelievable. Things just get worse for ordinary people. Sad news but, as always, thanks for keeping us informed.
Why dont you guys rebel or revolt, you have the weapons?
@@The.world.has.gone.crazy... Right, peaceful protest against police armed to the teeth with military grade weapons. No one is willing to face the reality of the western fascism.
@@The.world.has.gone.crazy...because they keep us divided and mad at our neighbors. The propaganda machine is doing its job.
Because the media has manipulated the middle and lower class to blame each other for their problems. Basically divide and conquer 101. People are slowly catching on, but it is a slow process. Even some of Wall Street is catching on because the woes of wealth inequality are coming to their doorstep. Overall though, there's still work to do.
Tell that to the Boomers.
It all has to change! End of debt slavery,end of generationial wealth off resources that belong to everyone! And most of all Equality!!!!
Eliminate Commercial banking and Hedge funds.
You are right. It all has to end and it will end. The question, I suppose, is how the end will come.
Will it be from constructive revolution or collapse and ongoing misery.
@@bloodybonescomic and will we live to see it ..
To do this, it is necessary to eliminate the capitalist system. We need a revolution
Matthew Desmond for president
Well done brother!
How do you get out of bed each day Chris with a reality like you and your guest described in the USA today? The one long emergency that is poverty. The callous greed of this world is suffocating our sisters and brothers.
Thank you, Chis Hedges, for having Matthew Desmond on today. Thorough conversation from the both of you..
I will buy his book today.
I would love for Matthew Desmond to meet the man who has been filming our homelessness on American streets. He is on UA-cam for years now and his name is Mark.
Futhernore, I don't know if Professor Cornel West has seen thses videos but I think this would help his campaign to have these people shown and speak as he is putting his campaign together.
Again, I must apologize because of my not being computer savey and cellphone savey or I would connect all of you together.
Mr. Hedges have you read about what Google has done now? I am sure you have.
Today is Sunday and I hope you and your family are having a wonderful day.
What did Google do ? Pls advise. Tku
Too much going on non basic needs! I have never come across someone like you that has a clear understanding of what's going on! Great job sharing !
I just read both books...heartbreakingly well written!
An interview that needs to be watched across America. To see the realities of poverty. What is so scary about America is the selfish Dog eat Dog attitude. 💚☘️🇮🇪
Economic terrorism
I'm glad I found the channel. Good job youtube
Great research and findings Matthew ! Congratulation
Matthew Desmond is worth more than all the gold on the planet.
Indeed ❤
. . . an excellent presentation . . . the kind of book I will definitely read.
It so great to hear Mr. Desmond sincere caring for people that need it the most. I wish there was a herd like him.
shhhh...don't prise them too much, the CIA will notice!
@@user-qk3sc8rq9rWell said, the herd should be big enough to lead by know: 108 million just getting by🫨
If you've lived in poverty and thought about it, a lot of this is very intuitive.
[1] Congratulations on an excellent discussion with incisive analysis by this Professor with both a head and a heart. The simple figures and facts that he cites, for example, the average tax-breaks that the Government gives to the top 20% of families is 40% greater than the average welfare and social supports that the Government gives to the poorest 20% of families!
Yes why do we subsidize house ownership again? That is, in retrospect, one giant useless waste of money
Last May to December (so 2022) i was living paycheck to paycheck and i was food insecure.....even tho i work at a grocery store. We had 3 big wigs come talk to us and we asked of they could make more 'spoilage' available for team members to take home and they said NO because it would encourage stealing.
So i told my job at a grocery store that i couldn't afford to eat and please may i have some garbage? And they said NO. I'LL NEVER FORGET. nobody out here cares. Not ur job. Not the government. Nobody. I been working that fuking job 8 years but i can't have some brown bananas.
So you should quit your so called " job" at the most inconvenient time for this so called " company"
It pisses me off to high heaven how anyone can question or even try to debate this.