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Robert F. Kennedy Jr. on Budget & Economy |
KENNEDY: In trouble.
Q: Why? A lot of the economic data is good. Consumer spending is good.
KENNEDY: Yeah, I'm aware and we're $33 trillion in debt and we have two presidential candidates who are saying they brought prosperity to this country, but you've got 57% of the American people who cannot put their hands on $1,000 if they have an emergency. And for those people, the engine light goes on in their car and it's like the apocalypse happened. It's the end of the world for them. We have now kids can't afford houses. Housing prices have gone from $215,000 two years ago to $400,000 today. Now, part of the American Dream that if you worked hard, you played by the rules, you can afford a house. You can take a summer vacation, you can raise a family, put money aside for retirement and that was with one job and that's not happening.