InvestorsHub Logo
icon url

fuagf

12/03/23 9:11 PM

#456034 RE: 12yearplan #456032

Looking at the one aspect, inequality you're right. Things will get worse. However, the fact that inequality is a real problem doesn't mean Biden's economy is bad. There is the old saying, 'All else being equal.' It really isn't the case that few including you are the only ones aware of the problem:

Fight inequality, beat poverty


[The Paraisópolis favela borders the affluent district of Morumbi in São Paulo, Brazil (2008). Photo: Tuca Vieira]

Did you know that since the start of the COVID-19 pandemic, billionaires have made unimaginable, record-breaking fortunes? Today, every dimension of inequality - across wealth, income, gender and race - is rising around the world. Every year, the gap between rich and the rest of us widens.

Such extreme inequality isn’t only standing in the way of ending global poverty. Inequality kills. Our economy must stop excessively rewarding those at the top and start working for all people.

It doesn’t have to be this way

Together, we can challenge the concentration of wealth and power in the hands of the few. We can demand an end to patriarchy, white supremacy and neoliberalism. We can change the rules on tax to make sure the richest pay their fair share. We can demand more spending on public health and education. We can demand fair wages for everyone. We can stand up against the destruction of our planet.

Together, we can fight inequality and beat poverty.

Billionaire wealth has soared during the COVID-19 pandemic as companies in the food, pharma, energy, and tech sectors have cashed in.
Profiting from pain: the urgency of taxing the rich

Inequality, already extreme before COVID-19, has reached new levels. Billionaire wealth has soared during the pandemic while millions of people are facing a cost-of-living crisis. There is an urgent need for governments to implement highly progressive taxation measures that must be used to invest in powerful and proven measures to reduce inequalities.

Read our full report - https://www.oxfam.org/en/research/profiting-pain

https://www.oxfam.org/en/take-action/campaigns/fight-inequality-beat-poverty

Maintain the rage. Just remember blinkers are only good for some horses in some races.
icon url

joyceschoice

12/03/23 9:15 PM

#456035 RE: 12yearplan #456032

Agree. Dark money is a problem. What stops it?
icon url

arizona1

12/03/23 9:20 PM

#456036 RE: 12yearplan #456032

It will continue to get worse if the super rich extraction is allowed to continue.

That's just a repub talking point as the article references. The economy is doing really well. The stores are packed, online sales are at record levels, the stock market is on a five week winning streak, prices are coming down and travel is way up. What more do you want?

icon url

SoxFan

12/04/23 7:17 AM

#456065 RE: 12yearplan #456032

Let's give them another tax cit. Maybe this time it will trickle down.