Tom Harkin claims America's problem is its "misallocation of wealth"

On Thursday, Sen. Tom Harkin (D-IA) made a rather astonishing statement: The U.S. doesn’t have a spending problem, it has a “misallocation of wealth” problem.

Really, Tom?

Here's are the Democrat Senator's exact words:

"I think, first of all, I want to disagree with those who say we have a spending problem.  Everybody keeps saying we have a spending problem.  And they are talking about that like there's an assumption that somehow we as a nation are broke. We can't afford these things any longer, we're too broke to invest in education and housing and things like that. 

Well, look at this way:  We're the richest nation in the history of the world. We are now the richest nation in the world.  We have the highest per capita income of any major nation.  That kind of begs the question, doesn't it?  If we're so rich, why are we so broke?  Is it a spending problem?

No.  It's because we have a misallocation of capital.  A misallocation of wealth. All of this wealth that's been built up by hard-working Americans has been accumulated into fewer and fewer hands all the time."

"A misallocation of wealth…so in other words, there are people that people in his position know should not have wealth because it's been 'misallocated'," Glenn said.

"A misallocation means that somebody is out there allocating the wealth.  Nobody's allocating the wealth," Glenn emphasized.  "People are going out there and earning it, either through their talent in sports, in their talent in business.  They might be a drug dealer, they might be a dancer, they ‑‑ whatever.  They might just be a speculator.  They might be a wildcatter.  But their wealth isn't allocated unless you're a Kennedy.  It wasn't allocated to you.  You went out and earned it."

Harkin's big point seemed to be that because people in America have the highest per capita income, we're the richest nation in the world. Unfortunately, one does not mean the other when your government spends itself into oblivion. Glenn explained you're not really "rich" if you make a lot of money and are buried in debt.

"How are we the richest nation in the world?" Glenn asked.  "For him to say that we don't have a spending problem, but a misallocation of wealth… Who's allocating the wealth, Tom?  Who decides who's rich and who's poor?" 

"These guys are out of control, are truly, truly out of control."

Does parody even exist anymore? Filmmaker Ami Horowitz recently went to Yale University to ask students to sign his 'petition' to repeal the U.S. Constitution — and they actually did it!

Ami joined Glenn Beck on "Glenn TV" recently to describe how this wasn't just a few people — this was 65 percent of those he asked, and NO ONE seemed to think it was a bad idea.

Watch the video below to hear more from Ami Horowitz:

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The far left is tearing apart the social fabric of our country in the name of "progress." From its emphasis on government dependency, to the $15 minimum wage, to the embrace of Marxist Critical Race Theory in our schools, the Left is destroying our culture and way of life.

On Glenn TV this week, Glenn Beck spoke with Christopher Rufo, director of the Center on Wealth and Poverty, about the latest insane example of the Marxist lies destroying the minds of our kids: A New York school sent parents a "white identities" chart advocating for "white traitors" and "white abolitionists."

Watch the video clip below or find the full episode here:

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There is an all-out assault on the social fabric of our country. The kids are NOT all right. In the name of "progress," we're destroying their minds with Marxist lies. In the name of "safety," we're destroying their souls by keeping them locked down.

On his Glenn TV special this week, Glenn Beck takes on the national suicide that the Left is committing by destroying our culture and way of life and how it's also leading to actual suicide of our kids. Experts on the front lines expose how the lies of critical race theory are crippling our children's future and provide tools for parents to fight back.

Finally, Glenn hears from a parent who tragically lost his teen son, who took his own life due to COVID isolation. He has a powerful message for parents, teachers, and politicians who he says are failing our kids.

Watch the special in full below:

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With as much gas and oil as Texas has — and not to mention its own power grid — why in the world is Texas experiencing such bad power outages?

Center for Industrial Progress president and founder Alex Epstein joined "The Glenn Beck Radio Program" to lay out what he's found.

Alex said he believes the "fundamental" problem is "the insistence on using unreliable wind and solar energy instead of reliable energy from coal, nuclear, and natural gas." And soon, it may not be just Texas, as President Joe Biden pushes for 100% dependency on green energy nationwide. THAT is the "real lesson of Texas," he warned.

Watch the video below to catch more of the conversation:

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