Rahm Emanuel
๐ค SpeakerAppearances Over Time
Podcast Appearances
And that's totally unacceptable.
I'm a product person.
of the American dream.
When you said, and Steve, you said this, you know, we're going to get ahead.
Who are we getting ahead with?
Our parents.
You can't do that today.
Kids are making three times what their parents made when they got out of college, yet they're in the basement, their kids and their parents could afford a home.
In the 1950s, 50% of our young adults at the age of 30 were married and owned a home.
Today it's down to 14%.
The first time home buyer is now 40.
This is crushing.
We have pulled up the ladder and
double-lock the door, the bridge is closed rock-solid, and a few kids are able to make it, and 97 of the other kids out of 100 can't.
They can't own a home.
They can't afford... They're one sickness away from a health care.
They're fighting with the insurance company to get what the doctor prescribed.
Their 401Ks become a backstop to their paycheck, and education has become unaffordable and forced them into the basement.
And to me...
the cause would be restoring both the American dream, and I do think in both the accessibility and the affordability of the American dream,