Scott Galloway
👤 PersonAppearances Over Time
Podcast Appearances
People under the age of 40 are 24% less wealthy.
People my age are 72% wealthier, because we figured out, old people have figured out a way to vote themselves more money.
And when Congress is a cross between the land of the dead and the Golden Girls...
You have a $40 billion child tax credit gets stripped out of the infrastructure bill, but the $120 billion cost of living adjustment for Social Security flies right through.
We need a more progressive tax structure.
You know what would be the biggest help to men, to young men?
Would be universal child care.
Because when men are most vulnerable in terms of self-harm is the year after they get divorced.
And why do young people get divorced?
It's not a lack of shared values.
It's not infidelity.
The most common reason for divorce is economic strain.
And we keep transferring money from young people to old people.
40 years ago, 60% of 30-year-olds had a child in the house.
Now it's 27%.
It's pretty goddamn simple.
Stop taking money from them and putting it in my pocket such that people can have healthy, loving relationships without an absence of economic security.
This isn't rocket science.
Well, as you get older, the good news is you get more thoughtful.
The bad news is you get more thoughtful.