MSNBC Worried Americans Might Think Capitalism ‘Is Working For Them’
During a fawning Thursday segment with Massachusetts Sen. Elizabeth Warren, MSNBC hosts Ali Velshi and Stephanie Ruhle worried aloud that Americans may “feel like capitalism is working for them” after months of booming economic numbers.
The liberal co-hosts pressed Warren on how Democrats will counteract historically good economic numbers.
“At this very moment the economy is a winning argument for this administration, for more than just President Trump’s base,” Ruhle complained, “Are Democrats making a mistake by putting forth candidates that label themselves Democratic Socialists or who hold anti-capitalist beliefs when at this moment — Americans feel like capitalism is working for them?”
Warren responded, saying “I believe in markets. I believe in markets right down to my toes. But I also believe markets have to have rules. Otherwise rich and powerful just keep sucking up all the value and everybody else ends up eating dirt.”
Warren then said that “big parts of this economy are not working.” Ruhle added, “You’re right.”
Warren concluded that the unemployment numbers look good but said that is because people are working up to four jobs. “When people are working at minimum wage jobs that won’t support them or they’re working two, three, or four jobs to try to pay the rent and keep food on the table, then simply saying the unemployment figures have gone down just doesn’t get you there,” Warren said.