Their pockets at a rate that according to the Rand Corporation equals more than 50 trillion dollars so that is your smoking gun thats why we have social unrest thats why we have incredible wealth and income gap thats why we have such a distorted economy thats why wages are not keeping up thats why weve got inflation raging thats your smoking gun end of story thank you its been great have a great life no kidding as i said the Rand Corporation had revealed through Daniel Ellsberg the the sacrifice of all the young people that the then you know boomers were being sacrificed in the vietnam war for a point for no reason and the same here is basically their data showing that generation z. And the younger malani ells have also been sacrificed to this you know this this war on wealth that cant be won and heres what they say about the actual data so remember this when you see people this conflicts going on right now between boomers and you know theyre the winners of the situation and they call
Not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 percent of g. D. P. Enough to more than double Median Income enough to pay every single american in the bottom 9 deciles an additional 1144. 00 a month every month every single year see the jamison of the scam perpetrated by wall street and the likes of Warren Buffett and the people over a black rock and all the private equity firms and j. P. Morgan and jamie diamond and all the global banks is that they take advantage of compound interest in a way that makes them multi 100 billionaires because it doesnt take my. Much in terms of a percentage i
Great before it was better for a certain class of people i. E. The bottom 99 percent it wasnt as great for the top one percent back then this is not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 percent of g. D. P. Enough to more than double Median Income enough to pay every single american in the bottom 9. 00 deciles an additional 1144. 00 a month every month every single year see the jamison of the scam perpetrated by wall street and the likes of Warren Buffett and the people over a black rock and all the private equity firms and j. P. Morgan and jamie diamond and all the global banks is tha
States its people its economy and the way it deals with the rest of the world the bottom line. Hello im sam is a than this is counting the cost of aljazeera your weekly look at the world of business and economics this week japan im aging population soaring debts and follow me in recession can japans new Prime Minister of 4 decades of contraction. Also this week pakistan is asias best performing stock market and the rally may have a long way to go despite the pandemic. Plus famine poverty and uprisings a stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary. Replaced his bastions as Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up from where they left off and make sure their twentys are not a wasted decade. Had attempted to turn around the stale economy with a 3 pronged revival plan we have inher
Over the past several months, this committee has held numerous hearings on the ppp and heard from borrowers and challenges theyve faced in accessing the program. Ive travelled through the districts to speak with Business Owners about how they faired through the pandemic. And ive heard some of the successes and challenges they face with the ppp. And uncertainty about what the future holds. From borrower who is eventually access the loan, the Committee Heard concerns about complicated and conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicated rules and reported feeling unable to adequately help their borrowers through the forgiveness process. Through it all, borrowers simply wanted to ensure they were using loan for proceeding consistent with the law so they could qualify for full loan forgiveness and effectively convert the loan into a grant which was the congressional intent i