so<00:00:00.840> in<00:00:01.020> Jeremy<00:00:01.380> Hunt<00:00:01.500> we<00:00:01.740> have<00:00:01.920> a<00:00:02.040> man<00:00:02.159> here<00:00:02.460> who

so in Jeremy Hunt we have a man here who

so in Jeremy Hunt we have a man here who is<00:00:03.659> very<00:00:03.959> wealthy<00:00:04.319> has<00:00:04.920> been<00:00:05.100> part<00:00:05.279> of<00:00:05.339> a

is very wealthy has been part of a

is very wealthy has been part of a government<00:00:05.580> which<00:00:05.759> has<00:00:05.880> presided<00:00:06.299> over<00:00:06.420> the

government which has presided over the

government which has presided over the largest<00:00:06.779> and<00:00:06.960> fastest<00:00:07.379> ever<00:00:07.680> increasing

largest and fastest ever increasing

largest and fastest ever increasing inequality<00:00:08.580> in<00:00:08.820> the<00:00:08.940> history<00:00:09.059> of<00:00:09.240> the<00:00:09.420> country

inequality in the history of the country

inequality in the history of the country he<00:00:10.980> himself<00:00:11.340> has<00:00:11.760> no<00:00:12.240> doubt<00:00:12.480> benefited

he himself has no doubt benefited

he himself has no doubt benefited massively<00:00:13.380> the<00:00:13.860> Prime<00:00:14.040> Minister<00:00:14.160> has

massively the Prime Minister has

massively the Prime Minister has benefited<00:00:15.240> massively<00:00:15.660> and

benefited massively and

benefited massively and when<00:00:17.880> he's<00:00:18.119> confronted<00:00:18.600> with<00:00:18.720> the<00:00:18.840> question

when he's confronted with the question

when he's confronted with the question of<00:00:19.080> why<00:00:19.260> is<00:00:19.380> the<00:00:19.500> economy<00:00:19.859> been<00:00:20.100> bad<00:00:20.520> he<00:00:20.939> says

of why is the economy been bad he says

of why is the economy been bad he says well<00:00:22.439> we<00:00:22.680> just<00:00:22.800> keep<00:00:22.920> getting<00:00:23.039> blacks<00:00:23.400> on

well we just keep getting blacks on

well we just keep getting blacks on events<00:00:23.880> we<00:00:24.000> keep<00:00:24.180> getting<00:00:24.359> unlucky<00:00:25.260> things

events we keep getting unlucky things

events we keep getting unlucky things happening<00:00:26.340> and<00:00:26.760> there's<00:00:26.939> no<00:00:27.480> recognition

happening and there's no recognition

happening and there's no recognition there's<00:00:28.199> no<00:00:28.380> acknowledgment<00:00:28.920> of<00:00:29.340> this

there's no acknowledgment of this

there's no acknowledgment of this structural<00:00:30.480> problem<00:00:30.779> which<00:00:31.140> is<00:00:31.199> that

structural problem which is that

structural problem which is that inequality<00:00:31.800> keeps<00:00:32.040> getting<00:00:32.160> worse<00:00:32.460> and<00:00:32.520> worse

inequality keeps getting worse and worse

inequality keeps getting worse and worse and

and

and the<00:00:34.680> problem<00:00:34.800> is<00:00:35.040> they<00:00:35.219> can<00:00:35.399> keep<00:00:35.460> making<00:00:35.700> this

the problem is they can keep making this

the problem is they can keep making this argument<00:00:36.180> again<00:00:36.360> and<00:00:36.540> again<00:00:36.719> right<00:00:36.899> the

argument again and again right the

argument again and again right the economy<00:00:37.680> will<00:00:37.860> get<00:00:38.040> worse<00:00:38.219> and<00:00:38.340> worse<00:00:38.520> it<00:00:38.700> will

economy will get worse and worse it will

economy will get worse and worse it will get<00:00:38.940> worse<00:00:39.120> in<00:00:39.239> predictable<00:00:39.660> ways<00:00:40.020> because

get worse in predictable ways because

get worse in predictable ways because the<00:00:41.040> Richer<00:00:41.399> got<00:00:41.520> richer<00:00:41.820> they'll<00:00:42.000> use<00:00:42.120> that

the Richer got richer they'll use that

the Richer got richer they'll use that money<00:00:42.360> to<00:00:42.600> buy<00:00:42.780> the<00:00:42.960> Assets<00:00:43.320> in<00:00:43.440> the<00:00:43.559> middle

money to buy the Assets in the middle

money to buy the Assets in the middle class<00:00:43.860> the<00:00:44.100> middle<00:00:44.219> class<00:00:44.399> will<00:00:44.640> get<00:00:44.760> poorer

class the middle class will get poorer

class the middle class will get poorer that<00:00:45.600> means<00:00:45.960> less<00:00:46.559> spending<00:00:46.980> power<00:00:47.100> in<00:00:47.280> the

that means less spending power in the

that means less spending power in the economy<00:00:47.640> that<00:00:47.820> means<00:00:48.059> lower<00:00:48.420> wages<00:00:48.899> that

economy that means lower wages that

economy that means lower wages that means<00:00:49.620> poorer<00:00:50.160> living<00:00:50.280> standards<00:00:50.700> for

means poorer living standards for

means poorer living standards for ordinary<00:00:51.120> people<00:00:51.420> all<00:00:52.320> of<00:00:52.440> these<00:00:52.680> things<00:00:52.800> are

ordinary people all of these things are

ordinary people all of these things are super<00:00:53.340> predictable

super predictable

super predictable but<00:00:55.140> they<00:00:55.440> can<00:00:55.559> always<00:00:55.680> be<00:00:55.920> blamed<00:00:56.280> on<00:00:56.460> the

but they can always be blamed on the

but they can always be blamed on the events<00:00:57.120> that<00:00:57.300> happen<00:00:57.539> at<00:00:57.780> any<00:00:57.899> given<00:00:58.199> time