tv CNN News Central CNNW June 4, 2024 12:00pm-1:00pm PDT
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to. take, effect in just hours at midnight today. i'm moving past republican obstruction. usually the executive authorities hello me as president, to do what i can on my own to address the border frankly, i would have preferred to address this issue through bipartisan legislation because that's the only way to actually get to kind of system we have now this broken fixed now the measure would shut off asylum access to migrants who cross the southern border unlawfully once daily encounters hit threshold of 2,500. >> he would also allow authorities to turn away migrants to mexico or their order version country, on accompanied myre miners would be exempt. now, this is the same authority, former president donald trump tried to use while in office, president biden's announcement comes today, just weeks before his first debate with his republican rival today's move as president biden's most aggressive crackdown, yet on
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illegal immigration. it's an issue that has long been one of his biggest political vulnerabilities. and it's also a top concern for voters going into november and for more on that. let's bring in cnn's harry enten. harry, just how important is this immigration issue? to american voters it's massively important. >> jessica, massively important. >> so i just want to create sort of a timeline for you, a trend line of how different we are in the american electorate. >> now versus where we were four years ago. so immigration is the nation's top problem. last time around when was when biden was facing off against trump, just 1%, just 1% kind of americans said it was the top problem back in may of 2020 that rank get this 15th on the list of most important problems according to the american public, look at where we are today in may of 2024, 18%, my goodness, gracious what a jump from may of 2020, 18% of americans said that immigration or something within that that
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realm is the nation's top problem that ranks second. so a clear movement from 15th to second in terms of the nation's top problems, it's not much of a surprise, jessica, that president biden feels like he has to make a move on this right now and even more to that point, harry, who do americans trust? >> on the issue of immigration more yeah. >> so take a look at this question. again, the trend line here is so telling what biden or trump do a better job on border security slash immigration, you go back four years ago to june of 2020, joe biden held within the margin of error, but still a slight lead plus one point over donald trump on the issue of border security and immigration take a look now it may of 2024. look at this movement in donald trump's direction. now, he is trusted on the issue of border security and immigration versus joe biden by a 27 point margin. that is nearly a 30 point jump. there have been a lot of issues that have been moving in. the former president's direction during the course of this
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campaign. but i can't really find a single issue that is moved more towards jonelle trump versus four years ago than this particular issue. again, when you're dealing with something that's now one of the nation's top problems according to the american public. and an issue that's moving very much towards the former president. you can definitely see why the current president, joe biden, felt like he needed to act. because at this particular point, the issue of border security and immigration is truly hurting joe biden's reelection chances and the last question just, is there any sort of backlash against republicans from immigrant communities for their stance on immigration? >> what does that look like? >> yeah, i think there are a lot of democrats who had been hoping that the rhetoric that what they see as harsh rhetoric or harsh rhetoric against immigrant communities might cause a backlash, might cause immigrant voters perhaps to ship over towards the democratic column that has not been happening. in fact, this is one of the wildest sort of paul numbers that i've seen who us voters born outside the
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country prefer for president. so that can be folks who are born in mexico, could be folks who were born in france to get basically be anybody outside the united states. but look at this, you might expect this to be a democratic-leaning group not at least according to an average of our last two poles. what do we see? we see donald trump at 47%, joe biden at 44%. again, that's a close contest, but compare that to four years ago when joe biden had a clear advantage among this group, it just sort of shows you how the issue of immigration has moved wildly against the current president. very much and the direction of the former president, no matter which way you look at it. >> yeah. and it gives so much context around the politics of this decision today, harry into and thank you so much. >> thank you and joining us now to talk more about this, we have marked preston hertzian and senior political analyst. >> i wonder how you think mark, you know, we see the polls there. how do you think this is going to play politically for an issue that has been a vulnerability for biden. >> i think it's certainly the biden folks. we're hoping that this becomes a stopgap measure that they can at least start
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stop some of the bleeding, the political bleeding that they're feeling across the country because this is an issue that while it's felt urgently along the border, what we found out over the past couple of months is that we're seeing that these migrants are ending up in cities all around the country. and there are mayors all across the country who just can't handle this influx immigration right now and mark, there's already pushed back from some progressives on the left that was expected though i'm sure the biden campaign vitae ministration knew that would happen but this is this aimed again at the politics of this, not aimed at those that part of his, his coalition. this is aimed at moderate voters, probably not no question about that. and it is pretty, it is expected to see so the more progressive wing of the party come out and an issue, these harsh declarations about why he decided to do this. >> what is interesting though, is that you see some democrats who were running, who live in border states ruben gallego put out a statement and of course
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he's in a tough race or will be considered to be in a tough race with kari lake out in arizona. and he said, look, a good step forward, but we need to do more. and of course, that's what has to happen on immigration. i remember immigration going back to show my hr 1994 excuse me back to 2004, and john mccain, ted kennedy, george w bush almost got through, didn't get through i mean, this is an issue that it's not going to be solved overnight, but there needs to be a step forward. >> that issue would be considered. so liberal right now, the way, the way they had approached it, there posel, it's really stunning here you know, i wonder what you think we just talked to the aclu and they successfully sued president trump and we asked, are you going to sue biden on the same grounds? they're going to do that. i wonder if maybe it's hard to know, but how is that going to play if they are successful? if it really just draws that
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comparison and says, yeah, these two things really are similar. these approaches look if you oversee coalitions for the biden-harris campaign right now, you have a very difficult job because you're trying to keep this progressive coalition underneath the big tent. we're all in it together. let's get through to november, but to your point, going into summer right now where you're going to have a very influential women you have your party with some very influential voices criticizing you. not helpful to his campaign and so walking forward, who, where do you think this ultimately landed? >> biden have any other choice, but to do something before this debate, before we get too far close into the fall? >> no, it's interesting because there is lot of talk. is he doing it before the debate? is you doing it before the debate? i think regardless so the debate happening in a few weeks, he had to do something again, like, we're not only seeing this along the border where, you know, where these border cities or are becoming influx with migrants. we're seeing it all across the country right now, and having their own problems. he had to do something again is it the right thing to do? i'll let
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others decide, but something had to be done separately, but similar in terms of a political issue biden at least kind of privately, although he knew it would be reported has referred to trump as a convicted felon. >> yeah. i think the big question is, is that going to happen in the debate? >> is he going to start bringing them out in public? >> what do you what do you think is going to happen? not only convicted felon, but just in the past last week, right? i looked back to see some of the things that he said. it doesn't past couple of days, he said that donald trump snapped. he described donald trump as being unhinged last week. he said, when donald trump attack the jury that it was reckless and dangerous address clearly trying to cement it in people's brains that maybe donald trump isn't playing with a full deck, so to speak, much like donald trump's doing same thing to joe biden. >> yeah. we've seen those ads. i mean, i think about that robert de niro add that came out in the last couple of weeks where it really kind of crazy crystallite that message, crystallize that message. you're talking about, and it shows the pictures of him,
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maybe not looking as best president trump and describing him as on him politics is dirty. >> that's for sure. >> they're both going to i think lobbying be lobbing some of these attacks. mark. thank you. great to have you as always and we're following a big story off of the hill. attorney general merrick garland has now been under for intense questioning for about five hours. he's been defending the justice department as it faces a regular onslaught of false claims that it was being weaponized against former president trump. garland went before the house judiciary committee debunking other conspiracy theories like the doj controlling the recent criminal conviction of the former president these repeated attacks on the justice department are unprecedented and they are unfounded. >> these attacks have not. and they will not influence our decision-making. i will not be intimidated. and the justice department will not be intimidated we will continue to
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work, do our jobs free from political influence and we will not back down from defending democracy now, republicans on the committee are trying to hold garland in contempt for not turning over the audio recordings of president biden's interviews with special counsel, robert hur joining me now, is a democratic member of the judiciary committee congresswoman pramila jayapal of washington state. >> she is the chair as well of the congressional progressive caucus guess congresswoman? i do want to discuss this hearing with the attorney general here in just a moment. first, though, i would like to talk to you about this other breaking news we're following, which is the president's executive action on the border. you told cnn earlier basically that you are pardon me. you told you told cnn earlier that you were disappointed that the president has sort of gone into the same frame, is donald trump at a time where you think there should be a distinction between
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trump and joe biden do you see a distinction with this new policy announcement? >> you know, briana, i think it's very complicated, right? because what the president is doing, and i've been clear what the white house for months that this is not the right way to go because a, it's not going to solve the situation at the border. the only way to do that is to actually create more legal pathways to modernize our immigration system, to make sure we are getting resources for immigration judges and asylum officers, and border patrol folks. those are the kinds of things that would actually make a difference. just doing enforcement only and shutting down the border as donald trump did this is the same section of immigration law that donald trump used when he shut down the border is not going to work because it doesn't get at the root causes of any of why people are coming. and it is deeply
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disappointing because we have obligations in both our domestic laws and our international treaty or requirements that require us to be able to allow people to seek asylum. and what the president's executive order does is it caps asylum and says you can only seek asylum if you come through the cbp one app, or if you're a walk up to the port of entry and it really takes away hey, that ability for people to seek asylum between ports of entry, which is again against our domestic laws. and against international treaty obligations. so it's not going to get us more republicans coming over to are sayyed as you can see, republicans searches criticizing the president anyway, for everything that he's doing even though it is republicans that are blocking the ability for us to have real progress. and it is going to alienate our base who is frankly just exhausted by constantly seeing immigrants
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being put up as a political football and attacked in the way that donald trump and extreme maga, republicans have so let me ask you about this. the, the part where he was announcing the 4,300 new asylum officers and additional us citizenship and immigration services staff to facilitate timely and fair decisions. that's a quote, i'm reading from what he said. it sounds like that's part of what you're talking about well, that is that part is important. >> we pass that in our appropriations bill. there was no reason to do an executive order for that part because we had some money in there in the appropriations bill. obviously, that must be what they're using because there's no other there's no other legislation that we've passed around that the second most conservative republican senator drafted a piece of legislation that ended up being by partisan in the senate that would have required more resources to go into those kinds of things. and
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republicans said no so the president didn't need to do an executive order to assign more asylum officers. he could have done that on its own without the harsh enforcement of shutting down the border so i do want to ask you now about the attorney general's hearing merrick garland told the committee, he's worried about the possibility of a terror attack after october 7 is some of the strongest comments that we've heard so far from top law enforcement officials. >> what are your concerns? >> well, you know, i think republicans just continue to use this hearing as a way to essentially be the campaign arm for donald trump in congress and to try to distract people from the fact that the former president was convicted on 34 counts, still has other other cases that are before us and the reality is that he and
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republicans are continuing to attack the justice system. and they accused merrick garland of all kinds of things today. but obviously the 34 guilty counts for the former president president was not under the department of justice. that was new york state. and the attorney general tried to make that clear over and over and over again. the questions that i had for the attorney general are really about some of the terrible things that the former president is saying on truth, social, the threats, the intimidation the violence sometimes that he reposts or encourages on truth, social, against president biden, against judges that is really my concern is that the politicization of the justice system is what the former president seems to be intending to do. and it is very dangerous for our country. >> there are three of your republican house colleagues who are seeking a meeting with attorney general garland. they're accusing the doj of excessively sentencing january
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6, defendants. what is your response to that it is stunning to me that we could have seen an insurrection as we saw on january 6, i was in that chamber, brianna, i remember exactly what happened there, how we all feared that we might never get out of their alive and that this was such a deep attack on our democracy. >> and the fact that we now have members of congress republican members of congress who are trying to say that those people should not be held accountable for what they did for perpetrating this kind of an incursion on our democracy is stunning to me, and it just shows how dangerous situation we're in and why we need a department of justice that is absolutely and thoroughly dedicated to holding everybody accountable and nobody is above the law, not the former president. if he insights an
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insurrection and not the people who charged the capitol that day in the worst assault on the united states capital since the early 1900s. so i think we have to be very clear that this is a massive problem and republicans are trying to undermine democracy at the most fundamental level. >> congresswoman pramila jayapal, thank you so much for being with us. we do appreciate it thank you and still to come the infamous laptop is in the courtroom, prosecutors introducing hunter biden's laptop as evidenced we'll have the latest on the president's son's trial on felony gun charges plus the official start of summer still weeks away, but parts of the us are already the baking and triple digit heat. and later wages are up, but a new study finds ceo pay has shot up even higher. we have those stories and much more coming up on cnn news central
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meanwhile, at a vrbo when other vacation rentals aren't what they're cracked up to be dry one where you know what you get? i'm more than liebermann at the pentagon and this cnn just moments ago, prosecutors and hunter biden's federal gun trial showed the jury these photos they found on hunters electronic devices. >> all of this coming after they introduced his evidence, his infamous laptop that he left at a delaware repair shop back in 2019. republicans have repeatedly used it salacious contents to attack both hunter biden and the president in the year since cnn's paula reid is joining us now from outside court in delaware paula, what more can you tell us about those photos we were we're just looking at just right now. >> prosecutors are introducing
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evidence from hunter biden's various electronic devices, including that infamous laptop, the kinds of evidence they're showing the jury include those photos of drugs, including in crack that he was addicted to at the time, also text messages with someone who is buying drugs from the also introduced a bank records that show that around the time he purchased this firearm under biden was withdrawing hundreds and sometimes thousands of dollars a day. now, in the course of today's presentation by prosecutors and they haven't fbi agent on the stand and she's helping them introduce this evidence. but it was interesting. the first witness we really heard from was hunter biden himself because the first piece of evidence they introduced was a large portion of the audio version of his memoir, which he personally narrates. they played while i was in court, they played out over an hour worth of clips from that book and hunter biden sat there attentively the listening to himself tell the story of how he descended into addiction and they focus specifically on the time between the fall of 2016 to the
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spring of 2019. of course, that is around the time when he purchase this firearm at the center of this case. now it's unclear if they're going to get to another witness today because of course, the defense attorneys will also have a chance to cross-examine this fbi agent. those clear how much time they'll take, because the purpose is not really to hear her testimony, but to have her help in getting in all this critical evidence. yeah. i'm paula, you mentioned that audio that they played and it was a part from his autobiography where he talks about his spiral into his addiction to crack cocaine one, think that particular piece is significant and also the playing of the audio so that is significant, particularly the dates that he is disgusting think in terms of the addiction because they allege here that he purchased a firearm and lied on the forum when he said he was not a user of or addicted to illegal drugs. so they're using the memoir to bolster their case showing look, you can hear hunter biden in his own words, talk about the depths of his
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addiction that he was experiencing around the time he purchased this firearm. that's the purpose of it. now, just look, it could go the other way. it could also engender some sympathy. we know that majority of the potential jurors in this case said that they or someone they know or have experienced since addiction. so this is something that can also garner a lot of sympathy potentially for the defendant hearing his story in his own words. >> alright. paula reid with the latest outside the court in wilmington in delaware. >> thanks so much. >> and i want to talk more about this with former federal prosecutor, jennifer rodgers, who's joining us now. >> jennifer, thanks so much for being here. we just heard from paula about the laptop being introduced as evidenced that of course has been talked about for so many years now by republicans and a lot of case used to attack hunter biden and his father. how significant is it that laptop has now been introduced into evidence well jessica, it's about the evidence that's on it. >> of course, a prosecutors are putting in and it contains as husband said, some really
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salacious pictures of drug use and other things that are going going to be embarrassing to 100 biden, but also help prosecutors prove their case. but it's not just that it's a lot of communications as well, text messages, emails, and other communications were hunter biden is talking about his drug use at the relevant time. so it has a lot of important evidence for prosecutors to put it in and of course, been arguments about what should stay out in what should come in, and the judge is taking steps to redact some pictures and so on. i mean, if it's just for shock value, of course it's not coming in, it has to be relevant as well, but it's a good size part of the prosecution's case here. >> right. and they're also using his own words from his memoir inherently him saying he's reading his autobiography why is that significant? and it's probably also worth noting. he's not planning to take the stand. so this may be the time that the jurors actually feel like they hear
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from him it's so interesting because anytime a jury gets to hear the defendant's voice when he or she doesn't testify, it's very powerful. usually it would be in the form of a wiretap evidence or other recorded evidence. so usually it's the defendant saying things that they wouldn't want anyone else to hear that directly. locates them in the criminal behavior. here. this also implicates him in the criminal behavior, but not in the same way. this is a book of course, that he voluntarily wrote and that he decided to narrate himself as an audio book. >> so i agree with pollock could cut both ways. >> of course it has evidenced in its the prosecutors want to get in around the timing of drug use, but there isn't his own words talking about his struggle and i think that for the sake of completeness, if the defense wants to put other portions in, if they're relevant at all, the judge will probably let them do so. so they may get a lot of information from hunter biden in his own words, so that he doesn't have to testify in a way he may get out this notion
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of his struggle in a way that is sympathetic to the jurors without having to take the stand and subject himself to cross-examination so it might actually be good for him, too, as well. >> yeah, that'll be interesting to see, especially knowing that some of those jury members have said they do have family members who have separately from and dealt with addiction. >> jennifer rodgers, thanks so much. >> we appreciate it a heat dome out west will send temperatures into the triple-digits, which could fuel fires already burning their and potentially ignite even more. >> we have that sort of way next sirens are going off and the tornado here i'm thinking die and i thought that was it earth with liev schreiber, sunday at nine on cnn organic soil from miracle grow has grown me the best garden i have ever good soil. and you get good results. >> look at that. the broccoli
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trial for free visit, otter.ai. ai or download the app. >> qizan life with dr. sanjay gupta. listen wherever you get your podcasts right now, more than 30 million people from texas to california are under heat alerts. >> there is trapped air and a whole lot of sunshine this is creating a heat dome that's sending temperatures in the west into the triple-digits. it's increasing the potential as well for heat-related deaths. cnn's veronica miracle is joining us now from davis, california where there's an excessive heat warning that's in place. there. ronna. good. how people preparing for all of this well, briana californians are certainly bracing for the heat, getting ready to crank up the air conditioning and go inside when at all possible. this week, but here in here on the west coast rather, we love a hot summer. we are always prepared for it. we expect hot and dry temperatures in the summertime but to get these temperatures this early in the season is actually quite
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unusual, were still a few weeks away from the official start of summer. and we're already experiencing a heat heat wave. so we're just outside of sacramento, the capital city of california, and we are expecting to hit triple digit temperatures today. and in sacramento, that usually doesn't happen but until the end of the month, triple digit temperature is also expected all throughout central california. and then in death valley, the hottest place in the world, they're expecting to hear hit one 120 degrees by this thursday. and even there in the hottest place in the world, they don't expect to see those temperatures typically until about mid to the end if june we are still very much in the early part of june, so this this heat waves certainly is kind of taking people aback, throwing people off a little bit. the highest time temperatures are expected tomorrow during this three de, heat wave, briana, 120, but it's a dry heat that's what we californians like to say, but it's a dry heat. okay. so i know you're also keeping an eye on the wildfire risk. what's happening there yeah.
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>> so you can see in our live shot it's quite windy and these gusts for always a concern when it's hot and when it's dry though those temperatures and those conditions coupled together can create disasters as they say, it just takes one the spark. and when you have gusty conditions up to like 30 miles per hour today firefighters are always concerned that that could spread into a wildfire in fact, just over the weekend, about a couple of miles south of us, there was a 14,000 acre wildfire and that was before the heat wave and before these gusty conditions. so many departments around the areas certainly keeping their eye now in this and making sure that everyone is prepared in case anything happens. briana veronica miracle. thank you so much for that. and the head, it's uncharted territory for a lot of parents these days, a new study revealing the impact of internet addiction on teenagers. so how it's affecting their mental health lab the next june 19th, cnn
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symptoms when away from the internet and sacrificing relationships for time to spend on the internet over an extended period. and here to talk about this more with s is the professor of psychology, dr. jean, 20. she is the author of generating patients the real differences between gen z millennials, gen x boomers, and silence. and what they mean for america's future. thanks so much for being here with us. you know? we're talking through all of this is sobering and daunting, but i think any of us who've spent time around pete, you to all of us probably have a shade of this, but but this is pretty troubling. this study it is, it really shows across a number of analyses that there's a link between spending a lot of time on the internet feeling those symptoms of addiction and has that shows up in the brain for adolescents? >> that it shows up. in particular in those areas that are relevant for controlling
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attention and this is also relevant because we know that the more hours a day a team spent on social media the more likely it is that he or she is going to be depressed so there's all of these negative downstream impacts of spending excessive amounts of time on social media unfortunately gallup found last year that the average teen in america spends almost five hours today and social media. so this would be really broad ranging problem okay. >> so you're saying it affects the attention areas and it can cause depression. i mean tell us a little bit more about what you're actually seeing in the brain when you're talking about heavy internet use, because it sounds like there's actually a depletion an important neurotransmitters and stuff like that yeah. even though we do have this now comprehensive meta-analysis, this area of
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research is still emerging so we're still trying to figure out what causes, what it could be. >> admittedly, that there are teens who have impulse control issues and then they spend a lot of time on social media. so it's showing up the brain so we really do need some more data to figure out what's causing what for mental health, we already have a lot of great data showing that. for example, people who are randomly assigned to cut back or give up their social media use after week two weeks or three weeks. they're happier, they're less depressed or less lonely. so we know the least there with mental health that there is some causation and it seems to me that this generation of kids is they're the guinea pigs. >> nobody really knew what this was gonna do the there haven't been studied just now as you're talking about the data is still emerging on a lot of this stuff. studies are just being done but how can parents start to determine if their kid it is
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potentially addicted to the internet? and what can they do to try to prevent that and from them becoming addicted to social media yeah, that's a great question. >> and i have three adolescent kids, myself. so this is something i think about a lot, not just in terms of research, but in terms of, you might day-to-day life with my family that we have this generation of kids where we just most of us game smartphones and they can get on social media even though they're not old enough for it and it is there anything and we have skyrocketing rates of depression and anxiety and so harm and suicide. so it's parents we need to try to send this tide and we're in an almost impossible position because ages and verified the open the social media account don't need parental permission. always everybody got a smartphone. >> but give you a few things. no phones in the bedroom overnight. it's my most important rule that's for adults, not just for kids and
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delayed, you have younger kids delay giving them a internet enabled smartphone as long as possible. and my house, the rule is, you get your first smartphone until you get your driver's license i liked that and it's a good rule. >> i'm going to tell my kids that's what you do okay? >> i wonder because if you look at the dsm-5 which is the manual for different psychological disorders, et cetera. >> the inner internet addiction, or an internet addiction disorder isn't listed in there. things like internet gaming disorder are listed in there. i wonder if you think internet addiction order should be in there or maybe that it will be soon it might be there's still a lot of debate in the field as to whether we should call this and
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addiction. >> i do think it is remarkable how many people talk about their social media and phone use using a language or prediction. and we even seen this in a few studies where people are asked him to give up or cut back on social media. if those studies lashed you a day or two people feel worse, it's very similar to the pattern that you see with other addictions that those first couple of days there are withdrawal symptoms. >> and then after that, it gets better. >> and as people come out of it and users time and other more productive ways, then that's where you see the reduction of depression, increases in happiness. >> yeah, i think he look i think so many parents can connect with that as they've tried to wean their child off of whatever technology it is. they see that withdrawal and then they see the improvement in a child who's more engaged dr. 20. great to have you. this is such a wonderful conversation. we need to keep having and thank you. >> thanks for having me.
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>> all right. so how long do you think you'd have to work to make as much as your company's ceo. 200 years her sound about right? i know we have some brand new data on just how much ceos are paid and compared to their average employee sometimes the best thing you can do with intelligence to share it with your adversary if his secret is betrayed itself but to the back of the hand secrets and spies, unclear game sunday at ten on cnn there are giant so mug they are the men and women building daibes. next generation submarines they are giant and what they do because they work in a place where they can grow we're, they can learn the skills to build careers as powerful as the beast we built two because it takes one to,
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whisker family and try literal by today i learned fox on capitol hill a new study finds top bosses are making even bigger box, then their average worker just how much 196 times more and that exceeds last year's finding of 180 five times more. >> the ceo pay survey by equil are in the api examined the salary packages of more than
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340 executives and it found at half the company's research, the average employee would have to work for nearly 200 years to earn what the ceo matlab last year, cnn reporter matt egan took a deep dive into this study. matt helped put this sort of pay gap 200 years into context for us yeah. >> jessica, brianna's startling numbers. listen, it's a great time. the bsc, you and cos, they've made more money than workers forever, right? but it's that pay gap that is so startling. and the fact that it is growing. now here's why that's happening. >> it's because see, you pay is increasing rapidly, much more rapidly than work occur. pay, the median ceo and the s&p 500 made just over $16 million last year. >> that's up 13% from the year before. >> now the good news is employers are making more money, but at a much more moderate pace up 5% to just over $81,000. >> now, to take this a step further. there that means the annual pay height for employees
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last year, it was about $4,300 for ceos 1.5 million. again, that's just the increase. now these numbers are obviously tough to swallow for workers because a lot of people are struggling with the high cost of living, right? i mean, de kid air rent, car insurance, home insurance. it is very expensive, right now. moody's analytics found that the average american is spending over $1,000 more than they were three years ago for the same basket of goods and services. now, workers were making more money, but almost all of that pay hike is being swallowed the fbi, higher costs. >> okay why why are they making okay, 13%. let's just rounded up to 15. they're making like a three time increase over the average worker. why matt? >> well it's because ceo pay is really heavily influenced by stock prices and was a gangbuster year for the stock must stock market last year.
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this study found that stock awards for the median ceo increased last year by 11% to nine 9.4 million there's, this really accounts for the bulk of ceo compensation. and when you look at the highest paid ceos, one name stands out more than any of them, and that's the ceo or broadcom hoc tan last year, he raked in just over 100 161 million in total we will compensation. most of that was in stock awards as broadcom share price went up, the company noted that the market value of broadcom spiked during hoc tans tenure. but listen to this, that means that he made more than 500 times his median employee, jessica briana wow wow. >> all right. matt egan with some sobering numbers, thanks so much. we'll be right back
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