joe stiglitz, welcome back to democracy now!hat he start off by talking about abby disney, what she did us a. she is the heiress of disney. saying that igers' salary, the ceo, is insane. >> she is absolutely right. you mentioned in the late 1970's, it was 30 to one on average today it is over 300 to one. it is not as if our ceos have gotten 10 times as more productive in those intervening years. it is not as if -- american ceos get paid so much more than their workers rerelative to those in europe and even more relative to those in japan. it is not because the ceos are that much more productive. it is because we have a real problem in our corporate governance laws, and our norms, that allow them to take away that much money. and that money coming up once it could have gone to -- made a very big difference to workers. that money could have also gone into investment. one of the striking things about the u.s. today is while the are very, very hihigh relative to what they hae been in the past, the levels of investment are below. you

tom: we are thrilled to have joe stiglitz with us.ton briefing with kevin cirilli. the headline today without question is separation of powers. is there an understanding in washington, whether it is mr. cummings or mr. trump that all this will be sorted out by the judiciary? kevin: yes and no. to be honest, yesterday i was speaking with senior staffers in the republican party to house members. they were say -- they believe essentially this was already settled and if democrats want to pursue articles of impeachment, that it would backfire on them. i was also speaking yesterday with several senior staffers to house democrats, two members in favor of and preaching president trump -- impeaching president trump and those who are not. regardless of their opinion on the articles of impeachment -- tom: what about what i was talking about with mr. cummings and the tax returns? the headlines are on separation of powers. by thee an understanding members of the house democrats and white house republicans that this will get sorted out within the j

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stiglitz. he's out with a new book "people, power and profits, progressive capitalism for an age of discontent." and also with us, tom rodgers, the executive chairman of the online gaming company winn view. joerump is tweeting that the economy is better than it's been for a very long time. unemployment is below 4%, unemployment for black americans lowest ever, unemployment for hispanic americans lowest ever, the poverty rate plummeting across the globe and also going down in the united states. these do seem in many ways to being a great economic times, right? >> authors good numbers. the real question is, is our growth sustainable? are we going to have that kind of get -- you can get that kind of growth if you give a sugar high from a big tax bill, from a big deficit, government increases expenditures in january 2018, creates a very big deficit between that and the tax bill. all economists have said that would goose the economy and the question was, for how long? already economists are beginning to say growth will be slowing down, and we're really within the next, you know, 12 months we think we're going to be going down into a significant slow down in economic growth. people are talking abo