. >> with more is byron wayne, vice-chairman with blackstone advisory partners. welcome back, brian. great as always to see you. we will get to the markets and emerging markets and fed and all of that. in light of what steve was just talking about, i know you to be one of the most thoughtful guys on wall street. what do you think about income inequality in america, and what do you think if you see it as a problem would be the best way to address it? >> well, steve, i think there are very good job of talking about the fact that you have to have a number of programs. income inequality is caused by globalization, it's caused by technology, it's caused by problems in our educational system. it's caused by cultural problems. the number of kids being raised in a family without two parents. it's caused by the concept of education in the united states where we put everybody in an academic track. we don't have vocational training. at an early enough age. so there are a lot of changes that would need to be made in order to bring the people who are disadvantaged up the soci