Neera Tanden

I think the most important thing to think about here is how you set a wage that people can live on and do it in a way that creates more job opportunities and doesn't.

give people an excuse to get rid of jobs.

So, I mean, you could do $25 minimum wage and think of some regional variation, but I think the impetus to drive the minimum wage up is really crucial and hugely necessary.

Just in much of the land mass of the country, it is still $7.25, just as a reminder.

Yeah.

So think about what that's like.

In most of the South, it's still $7.25.

In much of the West, it's still $7.25.

And I think that is outrageous, frankly, in this day and age.

I think the country...

over the last 20 years, has seen a big increase in wealth that goes towards capital versus labor.

And I mean, there's been some studies that show when you really raise capital gains that, you know, people play games around that.

But fundamentally, I think we should raise, we should have, we should not have this big differential between capital gains and traditional income that benefits very wealthy Americans.

Yeah, that sounds good.

I think what I'd say here, and, you know, you've talked about this yourself.

I think we have a real kind of cancer in the country in declining opportunity.

And I'll also say, you know, we had Raphael Warnock here at CAP a few months ago, and he was talking about...

you know, essentially a spiritual crisis in the country.

And he identified it really with a sense that millions of Americans, most Americans, in fact, don't think that they can

That they have a real fair shot in the country.