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The Best $200 Laptop?
Every middle class worker should get a $6,000 raise | Facebook co-founder Chris Hughes
It's no secret that American income inequality is at its worst point since the gilded age. To break it down for you, there's a very small yet super-rich class at the top (the 1%), and there's the rest of us (the 99%) who are duking it out in a type of capitalist serfdom. Chris Hughes, a Facebook co-founder, will be the first to tell you that he's a super lucky guy that happened to benefit massively from this system that makes the rich richer and the poor stay the same. He's come with a plan — give $500 a month to every working adult making less than $50,000 a year — to help reinvigorate the American economy and the American dream that we can pull ourselves up. If the American dream is dead, he says, then what are we fighting for in the first place?

Read more at BigThink.com: http://bigthink.com/videos/chris-hughes-facebook-co-founder-every-middle-class-worker-should-get-a-6000-raise

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I think the American dream is safe to say if not dead it’s on life support. It’s this idea that if you do well you can get ahead in life and if you have family and kids they can perhaps do a little bit better than you did. And what we know by the numbers is that the median wages in this country hasn’t budged meaningfully in nearly 40 years, and yet the cost of living has increased by some counts by up to 30 percent. So there’s a sense that people are working hard but only a small group of people are getting extremely lucky while everybody else is really staying in place. And I think that we have the power to change that. That’s the key idea that I talk a lot about in the book is that we’ve created an economy that is structured this way we made specific decisions around how to encourage automation, globalization and the rise of finance that have created a small group of very lucky people and we have the power to change it to make sure that economic prosperity is much more broadly shared.

So, when it comes to the position we’re in now I don’t think there was one single moment or one single event that got us here, I think instead it was the collection of a lot of different decisions that begin to be made in the late 1970s and early 1980s and we’ve continued to make, in fact all the way up through, for instance, the end of last year. The tax code is one of the most important things. We’ve consistently lower tax rates on corporations and the one percent while not giving a break to the people who need it the most. At the same time we’ve ushered in an era of globalization, which by all accounts has created economic growth but without fundamental worker protections to make sure that people who are in industries that have moved overseas have been protected. And we’ve also made positive decisions, obviously like investing in the Internet, for instance, which was a government investment initially, which has created the opportunity for companies like Facebook and Google and many others to rise precipitously. But all the fruits of that innovation and of all the positive things that come with that growth have not been evenly distributed. A small group of people are doing extremely well and at the same time as everybody else is trying to make ends meet. And just as we have the power to create the economy in this current configuration, I do believe we have the power to change it.

There has been debate for decades about whether trickle down economics is the way to go. And we can talk a lot about economic theory, but in some ways I don’t think we really have to we can just use a little bit of commerce sense. If you put $100 in the pockets of someone who’s working hard to make ends meet they’re going to spend a lot of that money, most of that money on things like childcare, housing, health care wherever their bills are the highest. You give someone who is in the one percent an extra $100 they might spend one or two, but the vast majority of that money is going to get parked in a bank account and not really become part of the productive economy. One study by the Roosevelt Institute showed that if you provided $500 to every American every month it would increase gross domestic product by about seven points over the next eight years. So this idea is not just about making sure that the wealthy pay their share, it’s also about creating a kind of broad based prosperity that’s good for all Americans, the poor, middle class and wealthy alike.
2018-08-13



TWiT Netcast Network
2018-08-13 21:57
Fortnite Samsung Exclusive (with live commentary)
Fortnite Samsung Exclusive (with live commentary)
CNET TV
2018-08-13 20:13
Election hacks and what it means for 2018 (The 3:59, Ep. 441)
Election hacks and what it means for 2018 (The 3:59, Ep. 441)
Tested
2018-08-13 19:46
3D-Printing a NASA ACES Helmet for Adam Savage!
3D-Printing a NASA ACES Helmet for Adam Savage!
TEDTalks
2018-08-13 17:43
The mission to create a searchable database of Earth's surface | Will Marshall
The mission to create a searchable database of Earth's surface | Will Marshall
Big Think
2018-08-13 17:00
The genius behind creating totally impractical things | David Eagleman
The genius behind creating totally impractical things | David Eagleman
Veritasium
2018-08-13 16:40
Can You Overdose on Vitamins?
Can You Overdose on Vitamins?
The Verge
2018-08-13 15:02
The future of renewable energy is making it look cool
The future of renewable energy is making it look cool
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2018-08-13 15:00
The Workstation of the Future is HERE! - Threadripper 2nd Gen
The Workstation of the Future is HERE! - Threadripper 2nd Gen
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2018-08-13 14:51
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2018-08-13 14:23
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5-Sided Square - Numberphile
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2018-08-13 05:15
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Engineering magnetics -- practical introduction to BH curve
2018-08-12
Sci Show
2018-08-12 23:00
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2018-08-12 21:30
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2018-08-12 19:15
YOUTUBE SENT ME A MYSTERIOUS PACKAGE......
YOUTUBE SENT ME A MYSTERIOUS PACKAGE......
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2018-08-12 18:39
?960GB 2.5” SSD - Kingston UV500 Review
?960GB 2.5” SSD - Kingston UV500 Review
CNET TV
2018-08-12 17:56
NASA's Parker Solar Probe launches on its way to
NASA's Parker Solar Probe launches on its way to "touch" the Sun (CNET News)
TEDTalks
2018-08-12 17:22
"The Last Serenade" | Lili Haydn
Grant Thompson - "The King of Random"
2018-08-12 17:00
Melting Our Silver Play Button Before 10 Million
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2018-08-12 16:57
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DIY Plasma Arc Speaker
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2018-08-12 16:00
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PROJECTIONS, Episode 56: Pixel Ripped 1989 and Star Trek Bridge Crew TNG
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2018-08-12 16:00
How to become more well-connected | Jared Kleinert
How to become more well-connected | Jared Kleinert
NASA Television
2018-08-12 10:50
Parker Solar Probe Mission Launches to Touch the Sun
Parker Solar Probe Mission Launches to Touch the Sun
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2018-08-12 04:54
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2018-08-12 00:59
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2018-08-12 00:54
EEVblog #1114 - NEW TS80 USB Soldering Iron Review
EEVblog #1114 - NEW TS80 USB Soldering Iron Review
2018-08-11



Sci Show
2018-08-11 23:00
How Do Polarized Sunglasses Work?
How Do Polarized Sunglasses Work?
Linus Tech Tips
2018-08-11 21:02
Scrapyard Wars 7 FINALE - NO INTERNET
Scrapyard Wars 7 FINALE - NO INTERNET
Austin Evans
2018-08-11 17:29
The Most Unique Laptops You Can Buy...
The Most Unique Laptops You Can Buy...
Grant Thompson - "The King of Random"
2018-08-11 17:00
Finishing the Arm-Mounted Flame Thrower (Mad Scientist Design)
Finishing the Arm-Mounted Flame Thrower (Mad Scientist Design)
Big Think
2018-08-11 16:00
Eternal youth may be possible. Which age would you stay at forever? | Michio Kaku
Eternal youth may be possible. Which age would you stay at forever? | Michio Kaku
TEDTalks
2018-08-11 15:01
An honest look at the personal finance crisis | Elizabeth White
An honest look at the personal finance crisis | Elizabeth White
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2018-08-11 11:48
Humanity’s first mission to touch the Sun on This Week @NASA – August 11, 2018
Humanity’s first mission to touch the Sun on This Week @NASA – August 11, 2018
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2018-08-11 07:24
Samsung's Note 9 and Apple's 12 zeroes (CNET UK podcast 542)
Samsung's Note 9 and Apple's 12 zeroes (CNET UK podcast 542)
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2018-08-11 05:30
BOLTR: Bosch Drum Sander | Undercarriage Abrasion
BOLTR: Bosch Drum Sander | Undercarriage Abrasion
TWiT Netcast Network
2018-08-11 04:25
Sal Soghoian: Standing up to Steve Jobs
Sal Soghoian: Standing up to Steve Jobs
Linus Tech Tips
2018-08-11 03:46
DISCORD SELLING GAMES?? - WAN Show August 10, 2018
DISCORD SELLING GAMES?? - WAN Show August 10, 2018
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2018-08-11 02:25
The Chlorine Machine
The Chlorine Machine
2018-08-10
Sci Show
2018-08-10 23:00
Why Florida's Red Tide Is Killing So Many Animals | SciShow News
Why Florida's Red Tide Is Killing So Many Animals | SciShow News
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2018-08-10 20:53
Permutations and factorial
Permutations and factorial
The Khan Academy
2018-08-10 19:30
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LearnStorm Growth Mindset: Dave Paunesku introduces growth mindset
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2018-08-10 19:29
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LearnStorm Growth Mindset: Dave Paunesku on teacher modeling of growth mindset
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2018-08-10 18:46
I've Never Seen Anyone So Scared...
I've Never Seen Anyone So Scared...
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2018-08-10 18:22
Oops! Don't start over: fixing plywood dado cuts
Oops! Don't start over: fixing plywood dado cuts
Grant Thompson - "The King of Random"
2018-08-10 17:00
Custom Flame Thrower Ignition Switch
Custom Flame Thrower Ignition Switch
The Royal Institution
2018-08-10 16:00
The Mathematics of Locomotion - Christmas Lectures with Ian Stewart
The Mathematics of Locomotion - Christmas Lectures with Ian Stewart
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2018-08-10 16:00
Awesome Animated LEGO Sculpture!
Awesome Animated LEGO Sculpture!
The Verge
2018-08-10 15:00
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I tried living on Mars — in Hawaii
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2018-08-10 13:03
Acer Swift 7 first look: 'The world's thinnest laptop,' Acer reckons
Acer Swift 7 first look: 'The world's thinnest laptop,' Acer reckons
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2018-08-10 04:32
Worst Day Ever.
Worst Day Ever.
TWiT Netcast Network
2018-08-10 04:26
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2018-08-10 00:33
The MEANEST Test Question Ever?
The MEANEST Test Question Ever?
2018-08-09
Sci Show
2018-08-09 23:00
Why Scientists are Giving Robots Human Muscles
Why Scientists are Giving Robots Human Muscles
The Verge
2018-08-09 20:54
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Samsung Galaxy Home smart speaker with Bixby: first look
The Verge
2018-08-09 20:20
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Samsung Galaxy Watch hands-on
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2018-08-09 20:00
How Software Deals with Key Presses - Computerphile
How Software Deals with Key Presses - Computerphile
Android Authority
2018-08-09 19:33
Samsung Galaxy Note 9 vs Galaxy Note 8: Worth The Upgrade?
Samsung Galaxy Note 9 vs Galaxy Note 8: Worth The Upgrade?
NASA Television
2018-08-09 18:47
NASA | Parker Solar Probe: It's Surprisingly Hard to Go to the Sun
NASA | Parker Solar Probe: It's Surprisingly Hard to Go to the Sun
Wranglestar
2018-08-09 18:46
We Were Forced To Leave The Homestead
We Were Forced To Leave The Homestead
TEDTalks
2018-08-09 17:38
A new way to monitor vital signs (that can see through walls) | Dina Katabi
A new way to monitor vital signs (that can see through walls) | Dina Katabi
Marques Brownlee
2018-08-09 17:30
Samsung Galaxy Note 9 Impressions: Underrated!
Samsung Galaxy Note 9 Impressions: Underrated!
Android Authority
2018-08-09 17:30
Samsung Galaxy Note 9 Hands-on: Bigger, Better, and Even More Expensive
Samsung Galaxy Note 9 Hands-on: Bigger, Better, and Even More Expensive
Big Think
2018-08-09 17:00
Is war with China inevitable? | David Kang
Is war with China inevitable? | David Kang
I Like To Make Stuff
2018-08-09 17:00
How to make a Simple Fire Pit & Tie Fighter Grill
How to make a Simple Fire Pit & Tie Fighter Grill
Grant Thompson - "The King of Random"
2018-08-09 17:00
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Liquid Propane and TASER Powered Ignition
Physics Woman
2018-08-09 15:48
The Projector Illusion |  EVERYDAY MYSTERIES
The Projector Illusion | EVERYDAY MYSTERIES
Tested
2018-08-09 09:00
Make It So - This is Only a Test 461 - 8/9/18
Make It So - This is Only a Test 461 - 8/9/18
TWiT Netcast Network
2018-08-09 04:01
Could Google Go Back to China?
Could Google Go Back to China?
CNET TV
2018-08-09 02:02
Meet Vector, the tiny home robot
Meet Vector, the tiny home robot
AvE
2018-08-09 01:06
BOLTR: Blasting Machine | Cool Old Gear
BOLTR: Blasting Machine | Cool Old Gear
Sci Show
2018-08-09 00:04
How U.S. Airports Might Revamp Security... Using Game Theory
How U.S. Airports Might Revamp Security... Using Game Theory
2018-08-08
Stanford University
2018-08-08 21:22
Knight-Hennessy Scholars Admission Process
Knight-Hennessy Scholars Admission Process
Linus Tech Tips
2018-08-08 21:09
Touchbar Killer for Windows?
Touchbar Killer for Windows?
BigcLiveDotCom
2018-08-08 21:07
Airwick mist ultrasonic aroma atomiser.
Airwick mist ultrasonic aroma atomiser.
MAKE Magazine
2018-08-08 19:00
Maker Update: Spider Clock
Maker Update: Spider Clock
NASA Goddard
2018-08-08 17:23
It's Surprisingly Hard to Go to the Sun
It's Surprisingly Hard to Go to the Sun
TEDTalks
2018-08-08 17:18
How to build synthetic DNA and send it across the internet | Dan Gibson
How to build synthetic DNA and send it across the internet | Dan Gibson
NASA Goddard
2018-08-08 17:06
Two Research Vessels Leave for the Twilight Zone
Two Research Vessels Leave for the Twilight Zone
MrTeslonian
2018-08-08 17:03
How To Make -
How To Make - "Methyl Alcohol", "Bio-Crude Oil" and "Synthetic Natural Gas" at Home!
Big Think
2018-08-08 17:00
Art vs. science? The battle that never was | NASA's Michelle Thaller
Art vs. science? The battle that never was | NASA's Michelle Thaller
Austin Evans
2018-08-08 16:31
This Robot is ACTUALLY Cool...
This Robot is ACTUALLY Cool...
NASA Goddard
2018-08-08 16:09
A Story of Science and Friendship
A Story of Science and Friendship
The Royal Institution
2018-08-08 15:40
Q&A: Neurology and Epilepsy - with Suzanne O'Sullivan
Q&A: Neurology and Epilepsy - with Suzanne O'Sullivan
The Royal Institution
2018-08-08 15:40
The Neurobiology of Epilepsy - with Suzanne O’Sullivan
The Neurobiology of Epilepsy - with Suzanne O’Sullivan
The Verge
2018-08-08 15:00
Vector: Anki’s tiny robot that wants to hang
Vector: Anki’s tiny robot that wants to hang
Numberphile
2018-08-08 14:44
Last Cards Match - Numberphile
Last Cards Match - Numberphile
Android Authority
2018-08-08 13:00
Pixel 3 release date leaks - Fortnite comes to Samsung, NOT the Playstore
Pixel 3 release date leaks - Fortnite comes to Samsung, NOT the Playstore
TWiT Netcast Network
2018-08-08 01:56
The Best Camera for Travel
The Best Camera for Travel
CNET TV
2018-08-08 00:40
Samsung leaks Note 9 again (Alphabet City)
Samsung leaks Note 9 again (Alphabet City)
Electronics Engineering
2018-08-08 00:25
EEVblog #1113 - Is a $5 USB Soldering Iron Useful?
EEVblog #1113 - Is a $5 USB Soldering Iron Useful?
2018-08-07
Android Authority
2018-08-07 23:45
Android 9.0 Pie Overview - Everything you need to know!
Android 9.0 Pie Overview - Everything you need to know!
Mr Carlsons Lab
2018-08-07 23:39
600 Volt Tube Op Amp! Lets Power It Up.
600 Volt Tube Op Amp! Lets Power It Up.
Marques Brownlee
2018-08-07 23:05
The 2019 iPhone X Models!
The 2019 iPhone X Models!
Sci Show
2018-08-07 23:00
Why Do I Sweat So Much?
Why Do I Sweat So Much?
TEDTalks
2018-08-07 21:44
How farming could employ Africa's young workforce -- and help build peace | Kola Masha
How farming could employ Africa's young workforce -- and help build peace | Kola Masha
Linus Tech Tips
2018-08-07 20:56
Why is EVERYONE Buying This Sound Bar??
Why is EVERYONE Buying This Sound Bar??
Android Authority
2018-08-07 20:24
Computational photography will COMPLETELY revolutionize your smartphone camera
Computational photography will COMPLETELY revolutionize your smartphone camera
AweMeChannel
2018-08-07 19:00
Divine Axe Rhitta – The Seven Deadly Sins – MAN AT ARMS: REFORGED
Divine Axe Rhitta – The Seven Deadly Sins – MAN AT ARMS: REFORGED
Big Think
2018-08-07 17:00
Vaccine revolution: Curing Alzheimer's from the inside | Lou Reese
Vaccine revolution: Curing Alzheimer's from the inside | Lou Reese
Grant Thompson - "The King of Random"
2018-08-07 17:00
The Arm-Mounted Taser Flame Thrower
The Arm-Mounted Taser Flame Thrower
The Verge
2018-08-07 17:00
Microsoft Surface Go review: surprisingly good
Microsoft Surface Go review: surprisingly good
Austin Evans
2018-08-07 16:46
The World's Smallest Laptop Just Got Faster
The World's Smallest Laptop Just Got Faster
Tested
2018-08-07 16:00
Impressive LEGO Dystopian Monorail City!
Impressive LEGO Dystopian Monorail City!
Computerphile
2018-08-07 14:46
What Happens When I Press a Key? - Computerphile
What Happens When I Press a Key? - Computerphile
Tested
2018-08-07 09:08
American Idol Surprise - Still Untitled: The Adam Savage Project - 8/7/18
American Idol Surprise - Still Untitled: The Adam Savage Project - 8/7/18
BigcLiveDotCom
2018-08-07 03:17
Questions for the crew - of the Edinburgh Tattoo.
Questions for the crew - of the Edinburgh Tattoo.
MindYourDecisions
2018-08-07 01:39
A Puzzle Richard Feynman Missed? Can You Solve It?
A Puzzle Richard Feynman Missed? Can You Solve It?
brusspup
2018-08-07 01:07
7 Amazing Physics Gadgets!
7 Amazing Physics Gadgets!
2018-08-06
Electronics Engineering
2018-08-06 23:20
EEVblog #1111 - World's First Microcontroller & Electronic Game
EEVblog #1111 - World's First Microcontroller & Electronic Game
Linus Tech Tips
2018-08-06 20:56
Is LG Ditching OLED??
Is LG Ditching OLED??
I Like To Make Stuff
2018-08-06 17:00
Brazing // Bits
Brazing // Bits
Big Think
2018-08-06 17:00
How correcting for cognitive biases makes life more fair | Michael Li
How correcting for cognitive biases makes life more fair | Michael Li
TEDTalks
2018-08-06 16:33
The rapid growth of the Chinese internet -- and where it's headed | Gary Liu
The rapid growth of the Chinese internet -- and where it's headed | Gary Liu
NASA Goddard
2018-08-06 16:26
NASA’s TESS Catches a Comet
NASA’s TESS Catches a Comet
Tested
2018-08-06 16:00
Adam Savage's Totoro Meetup at Comic-Con!
Adam Savage's Totoro Meetup at Comic-Con!
The Verge
2018-08-06 15:00
We built the Home of the Future with Grant Imahara
We built the Home of the Future with Grant Imahara
CNET TV
2018-08-06 14:06
Augmented reality vs. virtual reality: AR and VR made clear
Augmented reality vs. virtual reality: AR and VR made clear
The Royal Institution
2018-08-06 12:11
The Golden Angle - Christmas Lectures with Ian Stewart
The Golden Angle - Christmas Lectures with Ian Stewart
TWiT Netcast Network
2018-08-06 08:16
Will Universal Basic Income Solve Our Problems?
Will Universal Basic Income Solve Our Problems?
BigcLiveDotCom
2018-08-06 05:31
Inside a waterproof LED colour changing light from BM homestores.
Inside a waterproof LED colour changing light from BM homestores.
Wranglestar
2018-08-06 00:47
Solo Ride - Wranglerstar
Solo Ride - Wranglerstar
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