fix the us dollar system and luke rowan provides a link to this chart from the washington post the economic policy institute and it shows that when companies put the brakes on worker pay growth and productivity an hourly compensation since one nine hundred forty eight you see the yellow line is productivity and that has increased by two hundred forty six percent since one nine hundred forty eight and yet compensation split off their. own to seventy one when the breaking point happened and there's now a ninety percent divergence between the two what happened. i think we all know that in august of one nine hundred seventy one richard nixon took the united states off the gold standard because it didn't want to pay the united kingdom three hundred million u.s. dollars worth of gold which is them backed by thirty five dollars thirty five dollars per ounce of gold that the united kingdom wanted for their trade deficit it's also important to note that we've been talking about warren buffett in its annual letter and all his.

dollar system and luke roman provides a link to this chart from the washington post the economic policy institute and it shows that when companies put the brakes on worker pay growth and productivity in our early compensation since one nine hundred forty eight you see the yellow line is productivity and that has increased by two hundred forty six percent since one nine hundred forty eight and yet compensation split off their. own to seventy one when the breaking point happened and there's now a ninety percent divergence between the two what happened. i think we all know that in august of one nine hundred seventy one richard nixon took the united states off the gold standard because it didn't want to pay the united kingdom three hundred million u.s. dollars worth of gold which is them backed by thirty five dollars thirty five dollars per ounce of gold that the united kingdom wanted for their trade deficit it's also important to note that we've been talking about warren buffett is annual letter and all his earnings reports you know he's he's down big time twenty five billion in the last year it's a

dollar system and luke roman provides a link to this chart from the washington post the economic policy institute and it shows that when companies put the brakes on worker pay growth in productivity an hourly compensation since one thousand.

the white house economic policy beat for the "washington post." thanks for being with us on c-span. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] where history unfolds daily. in 19 79, c-span was created as a public service by america's cable television companies. today, we continue to bring you unfiltered coverage of congress, the white house, the supreme court, and public-policy events in washington dc and around the country. c-span is brought to you by your cable or satellite provider. congressman mike doyle of pennsylvania is the chair of the energy and commerce subcommittee on communications and technology. the subcommittee that deals with a myriad of tech issues. congressman doyle, thanks for being our guest on"the communactors

the white house economic policy beat for the "washington post." to your questions and insight thanks for being with us on , c-span. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> tonight on "q and a." >> tragically, i had no expectation that we would be sitting here in 2019 talking about this war in afghanistan. . the way it has been escalated, the way it has escalated every year, the countless lives that have just been wasted, and continual suffering. >> iraqi war>> veteran and former state department official matthew hoh on his article. was the same i had seen in iraq in 2004, 2005, 2 thousand six, as well as when i worked on issues at the pentagon and state department in between those times. there was no difference in administrations. the administrations were both -- the desire was to win for political reasons, domestic political reasons. everything else was secondary. >> tonight at 8:00 eastern. >> monday night on "the communicators," democratic congressman mike doyle, chair of the house subcommittee overseeing technology and communications. he talks about net neutrality. he i