Elizabeth Warren: The Economy Is Doing Great For Fewer And Fewer People

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Sen. Elizabeth Warren delivered her core message about income inequality during the first Democratic presidential primary debate:

GUTHRIE: All right. So with that business out of the way, we want to get to it. And we'll start this evening with Senator Elizabeth Warren.



Senator, good evening to you.

WARREN: Thank you. Good to be here.

GUTHRIE: You have many plans -- free college, free child care, government health care, cancellation of student debt, new taxes, new regulations, the breakup of major corporations. But this comes at a time when 71 percent of Americans say the economy is doing well, including 60 percent of Democrats. What do you say to those who worry this kind of significant change could be risky to the economy?

WARREN: So I think of it this way. Who is this economy really working for? It's doing great for a thinner and thinner slice at the top. It's doing great for giant drug companies. It's just not doing great for people who are trying to get a prescription filled.

It's doing great for people who want to invest in private prisons, just not for the African-Americans and Latinx whose families are torn apart, whose lives are destroyed, and whose communities are ruined.

It's doing great for giant oil companies that want to drill everywhere, just not for the rest of us who are watching climate change bear down upon us.

When you've got a government, when you've got an economy that does great for those with money and isn't doing great for everyone else, that is corruption, pure and simple. We need to call it out. We need to attack it head on. And we need to make structural change in our government, in our economy, and in our country.

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