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Congressman Adam Smith

👤 Speaker
381 total appearances

Appearances Over Time

Podcast Appearances

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

I mean, education is staggering.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

The tuition that I paid for the seven years of education that I got, I added it up the other day.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

I paid like $32,000 total for seven years of education, including a law degree from the University of Washington, and I graduated in 1990.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

That same number to go to those same schools that I went to now is pushing $500,000.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

The house my father bought for $15,000 in 1971, very small, very old now, is going for $400,000 or $500,000.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

So that's the crunch.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

That's the problem.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

How do we rework that math so that a middle-class existence is possible again?

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

And there are challenges to this.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

That's why I say just promising people free stuff is not a solution because, I mean, we are in a more competitive globe now than we were when I was growing up.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

And we still had the after effects of the post-World War II advantage that we had.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

We weren't competing with China or India or Taiwan, for that matter, or South Korea and these other countries.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

Now we are.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

So we're not going to be able to provide as much, but we can provide more because the other piece of it is the fair distribution of wealth.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

Mm-hmm.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

I mean, so much of the wealth that we've generated in the last 50 years has gone to a very, very few people in terms of billions of dollars.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

Wages should be higher.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

Benefits should be higher.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

Yeah, we should do more for health care.

American Power
Rep. Adam Smith on the War Congress Didn’t Approve

I'm not saying we shouldn't do more for health care.