I think we're making some progress, but everybody knows that for decades now, not just under Biden, not just under Trump, but for decades now, what we have seen in America is an economy in which the very, very wealthy are doing phenomenally well while working families are struggling. Today, Bob, we don't talk about it much, we have more income and wealth inequality than we have ever had in the history of the United States. This is way before Biden. But what we're seeing now is 60 percent of our people living paycheck to paycheck, we have a health care system which is totally broken, we pay the highest prices in the world for prescription drugs. We've got 18 million households, where people are spending 50 percent of their income trying to pay the rent or pay a mortgage. So, we have some structural problems in America. The Biden administration has made some progress, we have got a long way to go. And what the Democratic Party has got to do is have the guts to take on corporate greed, which is unprecedented, all over the economy. The people who own the large corporations have enjoyed record breaking profits, we got to create an economy that works for all, not just a few.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "I think we're making some progress, but everybody knows that for decades now, not just under Biden, not just under Trump, but for decades now, what we have seen in America is an economy in which the very, very wealthy are doing phenomenally well while working families are struggling. Today, Bob, we don't talk about it much, we have more income and wealth inequality than we have ever had in the history of the United States. This is way before Biden. But what we're seeing now is 60 percent of our people living paycheck to paycheck, we have a health care system which is totally broken, we pay the highest prices in the world for prescription drugs. We've got 18 million households, where people are spending 50 percent of their income trying to pay the rent or pay a mortgage. So, we have some structural problems in America. The Biden administration has made some progress, we have got a long way to go. And what the Democratic Party has got to do is have the guts to take on corporate greed, which is unprecedented, all over the economy. The people who own the large corporations have enjoyed record breaking profits, we got to create an economy that works for all, not just a few." in the context of "Face the Nation (3 September 2023)" to mean that wisdom is timeless.