And it was around when I was 25 or 26. America Women in Radio and Television presented Gross with a Gracie Award in 1999 in the category of National Network Radio Personality. GROSS: Are you finding that there's a culture of people who are wealthy who want to do good things with their money and who want to have progressive tax policies, people who, perhaps, you're working with? You know, unlike a lot of these billionaires, she's not creating a kind of perpetual legacy foundation that's going to be around for generations, you know, where her great-grandchildren will be giving the money away still. WUSF and Health News Florida are answering your questions. Tom Colicchio has become a de facto spokesman for the restaurant world in the wake of COVID-19. And they can afford to spend more to protect their workers, their front line workers. I mean, four billionaires - Jeff Bezos, Elon Musk, Bill Gates, Mark Zuckerberg - now have a net worth of about 550 billion combined. Terry Gross at the 'Fresh Air' home studio Courtesy Heidi Saman ... During the coronavirus outbreak, the team has worked to quickly update their lineup. That was in October. And there's one centibillionaire in France. So we've seen taxes go down for the most wealthy people in society. But it was a model for how we could have, you know, an economic policy that was about broadening middle class wealth and opportunity. GROSS: If you had your way, you'd want to institute an emergency pandemic wealth tax on billionaires. COLLINS: Well, I think in my 20s, I had kind of a revelation, which was, you know, I'd been, like a lot of wealthy people, raised in a bubble - suburban Bloomfield Hills, Mich. South Dakota recorded 133 new COVID-19 infections in Monday’s daily update from the Department of Health. What would your intention be if you had your way, which you don't? COLLINS: Yeah, you know, within wealthy families, there are several cardinal rules, and one of them is don't touch the principle. Now, during this pandemic, I think it's even more complicated because the wealthy have socially distanced, economically distanced even more, so that gap, that understanding, that proximateness that's required to have empathetic society is kind of eroded by the fact that people are not in connection right now. These are the questions after actor Adam Driver abruptly walked out of an interview with legendary “Fresh Air” radio host Terry Gross. And the whole group of U.S. billionaires now has a combined wealth of 4 trillion, which is double the wealth of the bottom half of all U.S. households, you know, in the United States. And I got very immersed in a lot of people's personal financial information. Your great-grandfather was Oscar Mayer of the meatpacking company, famous for its hot dogs, the Oscar Mayer Wiener. GROSS: Jeff Bezos is a centibillionaire, which means he has over $100 billion. Terry Gross; A lab technician sorts blood samples for a COVID-19 vaccination study at the Research Centers of America in Hollywood, Fla., on Aug. 13. America Women in Radio and Television presented Gross with a Gracie Award in 1999 in the category of National Network Radio Personality. And do you think those companies could have done more to protect them? (SOUNDBITE OF CHRIS THILE AND BRAD MEHLDAU'S "INDEPENDENCE DAY") GROSS: This is FRESH AIR. Since 1987, a daily, one-hour national edition of Fresh Air has been produced by WHYY-FM. And, you know, I got involved in that working with Bill Gates's dad to coordinate a campaign to defend the estate tax, but what I noticed was on the other side were these wealthy, dynastic families who were using their clout to ensure that their great-grandchildren were still going to be billionaires. But there are plenty of wealthy people I talk to every day who are saying, how can we reverse these extreme inequalities, rebuild some kind of social safety net and not keep going down this road toward economic Jenga and precariousness? She's enlisted a lot of advisers who are not wealthy, who understand the issues in underrepresented communities, communities of color. And if a family is four or five generations into seeing their wealth accelerate, then it starts to undermine kind of core American principles of, you know, mobility and, you know, work in exchange for wealth, and in the end, you know, you start to see now these dynastically wealthy families in the United States that use their wealth and power to rig the rules of the economy to get more wealth and power. This is FRESH AIR. Conventional wisdom is full of shit. Conventional wisdom holds that Terry Gross, host of WHYY-produced NPR staple Fresh Air, is the best interviewer in the business. TERRY GROSS, HOST: This is FRESH AIR. And it would be like, oh, your wealth just increased 25% through no sweat of your own. I'm Terry Gross. Don't touch the corpus of assets because we're all just passing through, and if you're from a kind of dynastically wealthy family, your responsibility is to keep passing the wealth on so that the next generation - you know, my view is we shouldn't have dynastically wealthy families in the United States, you know? And then I got this job in my 20s helping tenants who were facing eviction, trying to buy their buildings or mobile home parks and own them as residents. I'm Terry Gross. While millions of Americans have lost their jobs because of the pandemic, the combined wealth of just 10 billionaires has increased by more than $127 billion since the beginning of the pandemic. Fresh Air interviews, though, are in a category by themselves, distinguished by the unique approach of host and executive producer Terry Gross. Originally broadcast Sept. 9, 2019. No new deaths were reported, keeping the state toll at 1,953. You know, the meatpacking industry, which is something our family knows something about, is a side-by-side worker, elbow-to-elbow industry. My guest, Dr. Anthony Fauci, America's top infectious disease expert, has become a hero to many Americans for his scientifically based straight talk about the coronavirus. Collins is the great-grandson of Oscar Mayer, the founder of the meatpacking company famous for its hot dogs, the Oscar Mayer wiener, and the Wienermobile. It might be just what's most fundable. , November 20, 2020. Fresh Air interviews, though, are in a category by themselves, distinguished by the unique approach of host and executive producer Terry Gross. And his new novel, which is scheduled for publication in May, is called "Devolution." And so I just couldn't live with that contradiction. In that sense, it's no surprise that they're doing really well during the pandemic. And she's done it in a very low-key way. In a sit-down with NPR ‘s Terry Gross for the Fresh Air podcast, Dr. Fauci talked in-depth about his handling of both HIV and the coronavirus during his … . GROSS: If you're just joining us, my guest is Max Brooks. And it's wedging them into the same warehouses and infrastructure. I really wanted to make it on my own. ... COVID … But they're not really sharing those enormous gains with their workforce. Fresh Air with Terry Gross has received a number of awards, including the prestigious Peabody Award in 1994 for its "probing questions, revelatory interviews and unusual insight." Want to learn more about the vaccine? COLLINS: No. While millions of Americans have lost their jobs because of the pandemic, the combined wealth of … Hoosiers 70 and older can now register for appointments to receive a COVID-19 vaccine. Terry Gross learned proper posture and worked with an opera singer to train to speak on radio. The stock market has been steadily going up as well. Those billionaires include the principal owners of Amazon, Instacart, Walmart and Tyson Foods. It's a new trend. And I'm not going to try to control it. COLLINS: Yeah. And I got a lesson in this when I was in my 30s because there was a whole movement to abolish the inheritance tax, the U.S. estate tax. We'll talk more after a break. While millions of Americans have lost their … But is the money that the companies are making being reflected in the pay or the protection of the workers who are making these services possible? But that's a new thing. GROSS: This is FRESH AIR. So it's a surge of wealth for some. COLLINS: Absolutely. And that's the ultimate risk when you have great concentrations of wealth over generations. And that's one of the things I think we've been trying to point out in our reports is that these companies are benefiting from having their competition effectively shut down during the pandemic. Terry Gross Combine an intelligent interviewer with a roster of guests that, according to the Chicago Tribune, would be prized by any talk-show host, and you're bound to get an interesting conversation. I'm Terry Gross. That's scheduled for publication in March. And it's impossible to do kind of social distancing and proper protection. Terry Gross | Posted on June 17, 2020, 7:42 PM A server wears a protective face mask while attending to customers amid the COVID-19 pandemic in Bethesda, Md., on June 12. His books include "Born On Third Base: A One Percenter Makes The Case For Tackling Inequality, Bringing Wealth Home, And Committing To The Common Good" and the forthcoming "The Wealth Hoarders: How Billionaires Pay Millions To Hide Trillions." It's undermining the quality of life for everybody, including the very wealthy. Michael Osterholm hasn’t seen his grandchildren since March 10. If you click “Agree and Continue” below, you acknowledge that your cookie choices in those tools will be respected and that you otherwise agree to the use of cookies on NPR’s sites. GROSS: Another thing she's doing is giving away this money with no strings attached. But there's a couple that have just seen their wealth surge. You know, you have a group of 650 people whose wealth has gone up a trillion dollars since mid-March. And since the '80s, tax policy has kind of - we've seen massive reductions in taxes paid by the super wealthy, the wealthiest segments, to the point where last year, billionaires paid an effective tax rate, you know, lower than middle-income workers. Here , she talks at The New Yorker Festival about finding her voice. She hasn't created this vast, you know, infrastructure. It's a pleasure to have you on our show. But, you know, I grew up in comfort and a kind of a narrative, if you will, that we're all well here, and we're all deserving of the wealth we have. It's about the power that goes with it to shape the culture, including philanthropy, how they use their philanthropy and political giving to rig the rules of the economy. Five years later, you decided to give it away. Published December 23, 2020 at 1:21 PM EST. I'm Terry Gross. NPR’s sites use cookies, similar tracking and storage technologies, and information about the device you use to access our sites (together, “cookies”) to enhance your viewing, listening and user experience, personalize content, personalize messages from NPR’s sponsors, provide social media features, and analyze NPR’s traffic. I'm Terry Gross. GROSS: My guest has been Chuck Collins, director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits inequality.org. You can - I think she's been saying, use your judgment. We'll be back after we take a short break. COLLINS: Well, they are the the top four in the U.S., Jeff Bezos, Elon Musk, Bill Gates, Mark Zuckerberg. GROSS: Did you save a financial cushion for yourself? These vaccines build on … I'm Terry Gross, and this is FRESH AIR. GROSS: Meanwhile, MacKenzie Scott, who used to be married to Jeff Bezos, gave away $6 billion in gifts to hundreds of organizations this year alone. Her first wave of giving was primarily to racial justice groups. COLLINS: Yeah. And she's stepping up in a way that, I think, embarrassing to the other billionaires who are sitting on their vast treasure during this pandemic. America Women in Radio and Television presented Gross with a Gracie Award in 1999 in the category of National Network Radio Personality. And this is my first couple of big donations. Jeff Bezos has seen his wealth go up about 74 billion, an increase of 65%. Terry Gross. What is her approach to giving away parts of her fortune? You don't have to pledge to use it for a specific purpose. By Terry Gross • Mar 24, 2020 A reporter wearing a latex glove raises his hand to ask President Trump a question during a coronavirus briefing at the White House on March 16. Now, as he attempted to do exactly that, the protesters just wanted him to leave them alone. … Why wouldn't we - like any kind of windfall profit during a time of war or crisis, we should tax away a portion of that gain and invest it in something that's going to help people, like the stimulus package or the recovery package that's recently been passed. Journalist Stephen Kinzer reveals how the CIA worked in the 1950s and early '60s to develop mind control drugs and deadly toxins that could be used against enemies. Many people of color were not able to benefit from the low-cost education and housing benefits. And she's - I think we're going to see billions more moving in the next couple years. During the coronavirus pandemic, Fauci told Gross, the protests he faced were opposite in nature. And they should share in the wealth that they're creating for these companies. And as we go into this winter of, you know, more infections and more disruption, we should be reinstituting that. What's your response to that? I'm Terry Gross, and this is FRESH AIR. I'm Terry Gross. Exploring the high costs of the pandemic for children and young adults. I'm Terry Gross. That book is scheduled for publication in March. I trust you. Andrew Weissmann, a lead prosecutor from the Mueller investigation, shares his frustrations with the probe and its report on Russian interference in the 2016 election. Tyson Foods also has had, you know, over 11,000 employees infected. “You know, I see them on FaceTime,” the infectious disease expert recently told Fresh … Listen and learn. Fresh Air with Terry Gross has received a number of awards, including the prestigious Peabody Award in 1994 for its "probing questions, revelatory interviews and unusual insight." And they're giving away less money than she gave away in one year. COLLINS: I think it's important to talk about it even if our captured political system isn't capable of it. There are these dynastic American families, and they're very politically engaged. In a way, she's - I think she's saying, come on, boys, let's go here, you know. So - and I don't consider that a good economic indicator. This is FRESH AIR. We should - it should be shirtsleeves to shirtsleeves in three generations. But, you know, I've kind of been focused on not depending on something that happened generations ago. Now Amazon has hired, you know, 350,000 new workers. You know, we taxed the wealthy, and it was invested in infrastructure, access to education, help for first-time homebuyers - with a huge caveat, which is that it was racially exclusive. ... told host Terry Gross. You can adjust your cookie choices in those tools at any time. He's the author of the forthcoming book, "The Wealth Hoarders: How Billionaires Pay Millions To Hide Trillions." 572 Comments 1.6K Shares 818K Views. If you're just joining us, my guest is Chuck Collins. I think it's a troubling sign that too much of society's wealth and income is flowing upwards to that small group of people. In 1985, WHYY-FM launched a weekly half-hour edition of Fresh Air with Terry Gross, which was distributed nationally by NPR. The new coronavirus vaccines are giving us hope that we can get the virus under control. GROSS: So do you have any idea of how many workers at Amazon or Instacart or Tyson Foods have gotten COVID or have died from COVID? Terry Gross (born February 14, 1951) is the host and co-executive producer of Fresh Air, an interview-based radio show produced by WHYY-FM in Philadelphia and distributed nationally by NPR.Since joining NPR in 1975, Gross has interviewed thousands of guests. COLLINS: Yeah. This is one of a series of articles in which reporters from WHYY’s Health Desk Help Desk answer questions about vaccines and COVID-19 submitted by you, our audience.. Last week, the Food and Drug Administration and the Centers for Disease Control and Prevention recommended a pause in the distribution of Johnson & Johnson’s single-dose shot. And they're seeing their own - you know, we're thankful that some of them are in business and able to provide, you know, online retail services and food delivery. You may click on “Your Choices” below to learn about and use cookie management tools to limit use of cookies when you visit NPR’s sites. But she has no strings attached. Collins is the director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits inequality.org. Happy New Year. Several of them have died. Several other people became centibillionaires during the course of the pandemic. Well, not in person, anyway. Why did you decide to do that? You know, 657 billionaires have seen their combined wealth go up a trillion since mid-March. By Terry Gross • 1 hour ago The COVID-19 pandemic has left many American families without child care and in-person schooling. He's the director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits inequality.org. I wish you a healthy 2021 and a year better than this year has been. So I had this bizarre, intimate front row seat in the 1980s to how wages were going down for a lot of people and wealth was rising for people like me. GROSS: So is the numbers that you're giving us, is that linked to the stock market? GROSS: So some of the companies that have had their, you know, wealth increased vastly during the pandemic are providing services so many people are using, like Amazon and Instacart, helping people get what they need without having to go to stores where they could be exposed to the virus. GROSS: Who are the billionaires who made the most money since the start of the pandemic? I mean, if you look at the list of billionaires, there's some fairly wealthy families. My guest, Chuck Collins, has been writing about that and how the pandemic has increased income inequality in the U.S. Economic inequality has been his subject since he was 26 and gave away his inheritance. TERRY GROSS, HOST: This is FRESH AIR. GROSS: I know that some people told you that you were being selfish in giving away your money because you were depriving the next generation of your family from inheriting the money that you inherited and inheriting those advantages that you inherited. And then I later worked in a refugee camp in El Salvador, which kind of gave me a window into the global inequality. Listen • 36:05. Who are they? But others have just seen - they've kind of delinked from the amount of wealth they had before. So there's just more Amazon could do. GROSS: I've heard you make an interesting comparison between the tax laws of the 1950s and the programs of the 1950s that help bring people into the middle class compared to the tax system that we have now. I mean, they should be paying hazard pay. Terry Gross Combine an intelligent interviewer with a roster of guests that, according to the Chicago Tribune, would be prized by any talk-show host, and you're bound to get an interesting conversation. He became a medical celebrity during the press briefings from President Trump's coronavirus task force, which Dr. Fauci served on. GROSS: So let me reintroduce you here. You inherited money when, I think, you were 21. I mean, in a way, the tax system of the post-war - post-World War II era helped fund a shared prosperity economy. If you or a loved one falls into that age group, you can register at OurShot.in.gov. And I should say, the suggestion you're about to make is probably never going to happen in the near future. Short of giving hazard pay to Amazon workers - which is the source of her wealth, which I think she still should do - she's made a bold move to do direct-giving and really doing it in a way that a lot of - you know, many of these billionaires have foundations with, you know, thousands of staff, hundreds of staff who are part of the decision-making process. COLLINS: Wishing you and everyone else the same. I mean, we - you know, Jeff Bezos was the first centibillionaire, maybe, in 2017. COLLINS: You know, I grew up in a sort of a Catholic worker, Dorothy Day culture, and I just felt like the wealth was almost a spiritual barrier to making my own way. Adam Driver actually walked out on Terry Gross, NPR’s beloved talk show host, over ‘Marriage Story’ clip Walking out on an interview is almost never a good look, and Driver … Combine an intelligent interviewer with a roster of guests that, according to the Chicago Tribune, would be prized by any talk-show host, and you're bound to get an interesting conversation. GROSS: Can you be more specific about that point, about how the wealthy use the levers of power to keep their wealth? People might remember the Wienermobile, which was like a hot dog on wheels - a huge hot dog on wheels that would travel around. This information is shared with social media, sponsorship, analytics, and other vendors or service providers. (From PBS NewsHour) 8.2K8.2K. And now there are 657 today. Occasionally I would notice that there was the city of Detroit there with this incredible racial and economic divide. You've been working against economic inequality for most of your adult life. By repeatedly asking the same question, NPR correspondent Terry Gross created the false impression that Hillary Clinton was stonewalling and dodging over the … She's moving the money directly to charities. I mean, just for perspective, in 1983, there were only 18 billionaires in the United States. And then I would come home, and I would open up a statement - a financial statement - about my own wealth. How COVID-19 Became A 'Tremendous Windfall' For The Ultra Rich. (SOUNDBITE OF DAVE MCKENNA'S "IT CAME UPON A MIDNIGHT CLEAR") Transcript provided by NPR, Copyright NPR. - because the stock market fluctuates so much. Remarkable blend of empathy and warmth, genuine curiosity and sharp intelligence, says! Mayer of the pandemic songwriting and his approach to giving away less money than she away... Personal financial information be like, oh, your wealth just terry gross covid 25 % no! N'T have to pledge to use it for a specific purpose the coronavirus pandemic, Fauci told Gross host. 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Between my Good fortune and the Common Good at the Institute for Policy Studies, where he inequality.org! Distribution of the COVID-19 vaccine five years later, you know, I think she 's - think. First couple of big donations in 1999 in the next couple years,.

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