| by Kenneth Chase | 100 comments

If The Economy Is Great, Why Aren’t We?


The economy is doing great. At least that’s what my parents tell me over the phone while I’m driving from my day job to my night job. I’m Francesca Fiorentini, and in this episode of Newsbroke, we’re looking at the difference between the economy doing well and how people are doing in it —a difference as stark as the Instagram me versus the real me. You don’t even want to know. We’re digging into the useless measurements that define our trickle down economy and then looking at another way to gauge a healthy society. Can you guess which country is doing the best? Sure, he could be a Manchurian Candidate who inspires white supremacists, but Trump has got the economy down. The Trump economy is the envy of the world. The Trump economy keeps winning. It’s the most successful economy in modern history. The miracle of the Trump economy. Now in the Trump economy. Everybody wins. A miracle? Everybody wins? When the economy sounds like a Ponzi scheme you can bet it probably is. All I need is $15,000 from you upfront and in ten years …you’ll be delivering four GrubHub. Statistically the economy is doing well, since Trump has taken office. The country’s GDP has grown every quarter at an average of 2.6 percent. Unemployment is at a near 50-year low and the stock market gained by 31percent. And yet sometimes it feels like the real reason we hear so much about the economy is because it’s the only part of the Trump administration that isn’t an unmitigated trainwreck. It’s like if the waiters at Applebee’s bragged about the one dish they brought you that doesn’t have pubes in it. Those tots are solid. [laughter] The problem lies in how we talk about the economy, like earlier I told you the economy was doing well by citing GDP, unemployment and the stock market. And maybe your eyes kind of just glaze over a bit and you generally accepted what I was saying was probably pretty good, like anything Pete Buttigieg says. But few of us understand what those things actually mean. Because when you start to look into the measurements of a so-called good economy you learn how incredibly disconnected they are from our everyday lives and well-being. Let’s start with the wonkiest one that gets thrown around a lot: Gross Domestic Product, or GDP. GDP is a stat that is so dry and boring that high school economic students are finding any way possible to spice it up. [background music] GDP GDP GDP GDP GDP GDP GDP [The Beatles’s “Yesterday” on piano] Five components make up GDP. [Paul McCartney’s “Blackbird” on guitar] Today we’re gonna learn about GDP Gross Domestic Product you will see Okay, we all did bad parody songs in high school but as a Beatles fan those last ones hurt. That’s like if instead of dropping acid and writing Sgt. Pepper’s, they developed an app. GDP is what most pundits refer to when they say blanket things like “The economy is growing.” It calculates the final value of goods and services that a country produces. But there are a bunch of problems with that calculation. First, it factors in negative value, like buying things for bad reasons. Let’s say you were in a 500-year flood and had to swim to the Home Depot to buy bamboo and zip ties for a makeshift raft. The GDP could actually go up. the GDP also doesn’t show the distribution of proceeds earned from goods and services, whether there’s any equity between people in a country. Using higher GDP to say all people are doing better is like if LeBron James entered your home and increase the gross domestic height, so I congratulated you for getting taller. By the way, LeBron, you’re invited to my home whenever you like. That makes sense right now because, while GDP and the US might be up, so is inequality. I know you’re used to hearing it come out of this guy’s mouth, but it bears repeating: Right now the top 10 percent of Americans has about 9 times as much income as the bottom 90 percent. That’s insane. So yes while GDP might show there’s more wealth being made… Almost all of the wealth and much of the income is going to the top 1 percent. I had to let the guy do his thing. GDP as a statistic is so detached from reality that even economists at the World Economic Forum in Davos —which is basically spring break for the 1 percent— called it a poor way of assessing the health of our economies that needs to be replaced That’s the equivalent of a pig in sh[bleep]t going, “Hey! …This is sh[bleep]t, huh.” Then there’s unemployment which, as of August, is at 3.7 percent, I mean unemployment is at record lows. I don’t think that that tells the whole story. When you can’t provide for your kids working a full-time job—working two full-time jobs. When you can’t have health care that is not a—that is not dignified. Ooh. Telling the blue-eyed Silver Fox of television news that something isn’t dignified is the way to get to Anderson Cooper. That and telling him that he’s a knockoff Trivago guy. But AOC is right. Unemployment, which fun fact is actually going up in states that voted for Trump, is a figure that doesn’t factor in a bunch of things. Like the number of people who are underemployed, which an IMF study shows is going up around the world. There are about 4.4 million underemployed Americans left out of the unemployment numbers, which is more underemployed people than before the Great Recession. These are people working part-time jobs because your manager at Pier 1 Imports would rather hire someone else and give either of you full-time work and benefits. Meanwhile, he keeps telling you “Well, we’ll just see how you do with the pillow pyramid.” Unemployment numbers are also problematic because they only count the people who are actively seeking work. One study found that despite low unemployment, there’s a quote: “perverse underlying trend” of people dropping out of the workforce altogether by simply giving up. Unemployment is like counting single people by those who are actively dating. What about those who’ve just given up and want to stay home and binge “Big Little Lies,” not live it? And of course, none of this has to do with whether Americans are making enough to make ends meet. In 2017, 40 percent of all Americans had trouble affording basic necessities like food, health care or housing. That’s partly why so many people have more than one job, but that’s not factored into any conversation about the economy either. How many times have you been in a lift and heard… I only drive from 4:00 a.m to 10:00 and then I head to the call center and a DJ at night. Yeah. Yeah. Sleep? Nah, I’ll sleep when I’m dead, which hopefully won’t happen while you’re still in the car, hahaha Gum? And finally, there’s the stock market, which has also been doing fairly well under Trump, and yet only the richest 10 percent of Americans own about 90 percent of all stock. And so few of us understand how it even works. Let’s hear one hedge fund manager explain it using a dog-walking analogy. You got a guy. He’s got a leash. There’s a dog on the other end of it. They’re walking in the same direction. If you observe the way the man crosses the park, his stride—It’s fairly straightforward. The man walking the dog is the economy. Then when you think about what the dog is doing… The dog is running around like a lunatic. It darts to the left. It darts to the right. It strains on the leash. That’s the stock market. Train your dog, brah. That analogy makes some sense if you think about how every time the stock market takes a sh[bleep]t, we’re all forced to clean it up. While it humps our leg. Let me offer a more accurate analogy: The stock market is essentially a confusing casino game played by just a few people speculating on everyone else’s money. Which means most Americans are that kid helplessly watching our father gamble away our college fund at Caesar’s Palace. Sure I’ll blow on your dice, pops. [blows] Come on. Daddy needs a new… …daddy. Okay, so if it’s not GDP or unemployment figures or the stock market, how do we know how we’re doing economically? Well, we could look at prices: how rent is skyrocketed, health care expenses are gouging our incomes, college tuition has doubled since the 1980s, or just look at wages. They haven’t gone up in 40 years, and when they have they’ve benefited the highest earners, so much so that now the average CEO makes 361 times more than their average employee. To be fair, that’s the average CEO. Don’t forget about the up and coming CEOs who only make a hundred times more than their average employee. The struggle is real. How about using new metrics altogether? Take New Zealand. Their Prime Minister just introduced a so-called “well-being budget,” which uses 61 different indicators, like loneliness, to track how their country is doing in order to boost mental health, reduce poverty and reduce carbon emissions. Also, everyone gets a sheep. I made that up, but probably. Or what about the Happy Planet Index, developed by one statistician, that calculates a country’s well-being using a variety of global data. Where does the US rank? Number one… …hundred and eighth. What country has held the number one spot? Costa Rica. Their government is one of the first to commit to be carbon neutral by 2021. They abolished the army in 1949. And they invested in social programs: health and education. They have one of the highest literacy rates in Latin America and in the world. And they have that Latin vibe, don’t they? Okay, a little fetishization there but not wrong. Maybe that’s what Trump’s anti-immigrant stances are really about. They’re bringing drugs. They’re rapists and they’ve got that Latin vibe that says “I’m just going to throw together some arepas on a Friday night and invite my neighbors over whose names I all know, and at some point someone will break out a guitar, and everyone will know how to dance the Macarena. Not in my America! But damn, Costa Rica? So you’re saying all we have to do to do well is dismantle the military, fund education, health care and green energy—Psh! We got that! It’s time to get rid of these measurements that only work for rich people and stop clinging on to trickle-down economics, which clearly don’t work. We need new parameters to gauge the well-being of our country. If for no other reason than to save the Beatles from being butchered. [singing] Eight days a week is not enough to pay my rent. Help! I need some money! Help! Not my parents money! Whisper words of surplus GDP [laughter] Hey, thanks so much for watching Newsbroke. We got a little silly. Hopefully you learned something. [singing] Aahhhh look at all the jobless people. Follow us on Facebook, on Instagram and on YouTube. Let me know in the comments below what you think a good measurement for a healthy economy should be. And next week we are talking about climate change and capitalism. We will see you next week.

100 Comments

Florin Adrian

Aug 8, 2019, 3:55 pm Reply

best measurement: life expectancy.

WiL Laxa

Aug 8, 2019, 3:58 pm Reply

It makes sense thanks. I enjoyed. ?

Christopher Dockery

Aug 8, 2019, 4:04 pm Reply

So glad ur back @franifio!!!

Vanessa

Aug 8, 2019, 4:04 pm Reply

Read his book "The War on Normal People", a must read. Watch any of Andrew Yang's interviews. Labor participation rate is at a near multi-decade low. The measurements aren't measuring how people are doing. Yang 2020

C. Lincoln

Aug 8, 2019, 4:15 pm Reply

I did not want to know the real you… god damn girl.

Gautama Buddha

Aug 8, 2019, 4:23 pm Reply

This is why Women shouldn't speak in public

Jennifer

Aug 8, 2019, 4:24 pm Reply

I'm so glad you are back. News broke is terrific information shared with style

T S

Aug 8, 2019, 4:34 pm Reply

She can sit with us

Boy Van

Aug 8, 2019, 4:48 pm Reply

If The Economy Is Great, Why Aren't We?
Because money is not the solution to problems in humanity.

Payton Pryor

Aug 8, 2019, 4:57 pm Reply

Your Beatles puns were hilarious!

AvangionQ

Aug 8, 2019, 5:02 pm Reply

40 million Americans are below the poverty line, another 100 million more struggle against poverty, and that's because most of the wealth is going to the top 1% … this isn't a good economy.

Ameha K

Aug 8, 2019, 5:05 pm Reply

You're amazing, period. I'm never wrong.

MigDon

Aug 8, 2019, 5:08 pm Reply

God her humor sucks. This video will be better if she just stuck with giving us the facts.

Gen-snake

Aug 8, 2019, 5:20 pm Reply

Great video, but please stop singing. Nails on a chalkboard.

THOUGHTS N OPINIONS

Aug 8, 2019, 5:26 pm Reply

of course the economy is not good. trump cut corperate taxes. but he didnt put taxes on capital gaines. he should have put a higher tax on capital gain to discourage buybacks and encourage move dividends.

stilcrazychris

Aug 8, 2019, 5:44 pm Reply

I'm disabled & I don't even make minimum wage. I don't get any help from the government bc I make $10.00 to much a month. I don't eat out, go to movies, or take vacations @ all. 100% true. My rents $500 & my medication is around $425 a month. I'm in a wheelchair/can't walk. So $75.00 is not a lot to work with for food, electricity, water & forced to pay for trash service. It doesn't get easier through the years either. No pay raise @ all year to year.
So if someone who could please tell me how to save money.
Chris

12 GPM

Aug 8, 2019, 6:03 pm Reply

Because the jobs are being given to H1B visa staff.

MyContestPix

Aug 8, 2019, 6:08 pm Reply

YAY, Francesca is BACK!!!!!!!!

Trevor Philips

Aug 8, 2019, 6:19 pm Reply

The economy is doing very well

Only for the jеw

Phil Neale

Aug 8, 2019, 6:43 pm Reply

OMG Does this mean Newsbroke is back????????????????

APURV DESAI

Aug 8, 2019, 6:44 pm Reply

Is this another Al Jazeera propoganda? The entire video provides no informative analysis how things were before Trump vs present. It simply signifies age old American problems.

Steve George

Aug 8, 2019, 6:57 pm Reply

I'm just glad to see News broke back. Where can I find the classics?

Stephen Stilwell

Aug 8, 2019, 7:07 pm Reply

YANG GANG 2020

tyro244

Aug 8, 2019, 7:08 pm Reply

'Merica is Number One! – at believing it's number one in everything.

The only thing it it truly number one in is the size of it's military spending.

It's not even in the top ten of richest countries.
https://www.usatoday.com/story/money/2018/11/28/richest-countries-world-2018-top-25/38429481/

Ireland is richer.

Brittany Wilkins

Aug 8, 2019, 7:21 pm Reply

"Whisper words of surplus. GDP"

??????

Kris Carlson

Aug 8, 2019, 7:23 pm Reply

gee i wish i could drop out of the work force…

J Briggs

Aug 8, 2019, 7:25 pm Reply

we are, ur just spoiled

Carlos Botero

Aug 8, 2019, 7:26 pm Reply

So good to have you back! News Broke rocks! So glad to see you again!

Hayan Imadi

Aug 8, 2019, 7:39 pm Reply

ANDREW YANG has cited all of these statistics and more!! Check out the dem candidate yo

john smith

Aug 8, 2019, 7:48 pm Reply

Lebron james —> GDP
Single people —> Unemployment
Both very good examples

Colin X

Aug 8, 2019, 8:00 pm Reply

Guinea coefficient is always a good determiner of health

Karl Kiefer

Aug 8, 2019, 8:09 pm Reply

"Good luck replacing the GDP in America", said the metric system.

RoseEyed

Aug 8, 2019, 8:14 pm Reply

This is weirdly timed because I was actually reading things about this. In all honesty usually when GDP goes up a lot of other measurements of well being go up to. The question is the rate at which they do it. GDP is far from the WORSE measurement of wellbeing but we're far too overly reliant on it as a SOLE indicator when it doesn't tell the whole story and that's a problem.

Thomas Ridley

Aug 8, 2019, 8:20 pm Reply

I heard Ben Shapiro was saying that if you are working more than one job. Its your fault for taking the job if it doesn't pay enough. A total disconnect from reality.

DRUNK SHEEP

Aug 8, 2019, 8:41 pm Reply

Unemployment is at an all time low because everyone is scrambling for any sort of work not to starve

Momma Knows Bestest

Aug 8, 2019, 8:42 pm Reply

What did I learn tho? That there is poor people and rich people?

Paul Brown

Aug 8, 2019, 8:44 pm Reply

Great video, expect the trivago guy is a knockoff Anderson Cooper.

Karen Kwek

Aug 8, 2019, 8:47 pm Reply

I'm so glad you're back Newsbroke and Francesca!

Bradford Ramm

Aug 8, 2019, 9:02 pm Reply

Yup,another Clinton economy,all fluff. What can we expect in a country that’s went so far left a democrat like trump is considered a conservative. Our money isn’t worth anything Obama ruined its value by adding more debt than all the presidents before him combined. We need our manufacturing base back from Asia.

normal guy

Aug 8, 2019, 9:32 pm Reply

What do Qatari king wanna do with Americans?

Zaza Nova

Aug 8, 2019, 9:35 pm Reply

Whoever dislikes this lady’s arguments is a loony just sayin’

MPR

Aug 8, 2019, 9:41 pm Reply

Andrew Yang understands that we must get rid of GDP to measure how we're doing as a country, that's why he needs to be our next president!

Arunish Paul

Aug 8, 2019, 9:45 pm Reply

Love Francesca

Sam Ford

Aug 8, 2019, 10:00 pm Reply

The highest number of jobs in the USA are:

Retail sales
Cashiers
Food prep
Office clerks
Customer service
Waiters/waitresses

What do these all have in common? No degrees or formal education needed.

The number of jobs in these fields are shrinking due to technology. The big corporations know this and they’re spending most of their research and development on this. Think supermarket self-check out stations, fast food self-checkout, self-serve soda machines, smart vending machines, automated customer service centers. Those are just some to start.

What’s coming soon? Self driving cars/trucks, automated pizza delivery services, robot cooks, etc…

How many people will automation replace? And what happens to the people being replaced?

Mick Sylvestre

Aug 8, 2019, 10:21 pm Reply

I love her. She's great.

Arvind Talukdar

Aug 8, 2019, 10:58 pm Reply

A good way to look at this is to see credit reductions, car payment delay and mortgage payment delay. Basically things signaling problems for the middle class.

Arvind Talukdar

Aug 8, 2019, 11:13 pm Reply

The Happy Planet Index is interesting. Nicaragua is top 7. So a Central American country with ppl migrating out because of violence, is happy? C’mon.

Mace Maylion

Aug 8, 2019, 11:44 pm Reply

This seems to be the only youtube video that won’t load for me… a coincidence ?

Eugene Fisher

Aug 8, 2019, 11:44 pm Reply

She must be the new Franchesca Ramsy

Eugene Fisher

Aug 8, 2019, 11:45 pm Reply

What would folks do if he wins the 2nd term?

Eugene Fisher

Aug 8, 2019, 11:47 pm Reply

4:02 Bernie should know, he's apart of that class now.

Eugene Fisher

Aug 8, 2019, 11:54 pm Reply

If our military getts dismantled you might as well tell everyone to take this country over.

Edward R Sinclair

Aug 8, 2019, 12:04 am Reply

When trump says we have a great economy , he is referring to a great economy for old white crooked pedophiles like himself.Old white guys that got the lions share of the lopsided tax cut and who have rigged the economy in their favor. He keeps talking about wall street.Wall street is not main street and next year he and the criminal republican party are going to be in a for a rude awakening.

ENOREL

Aug 8, 2019, 12:10 am Reply

a good measurement, something other than what we use now

almost anything other, than what we use now

the market, can not be included; maybe exclude everything that improves or increases the wealth and holdings of the top 20%

because in tough times, it isn't their money and sacrifice that is used for bail-out

Nicole Daniella Murillo

Aug 8, 2019, 12:47 am Reply

lol at the Costa Rica part…despite all of the issues, it isn't that bad living in CR, sure the education and health systems are there, but they do have a lot issues. My daughter doesn't exactly have a stable school schedule because they make up events from time to time and she either has a couple of hours of class or none at all, so for cases where the parents work, it makes it difficult to have the childcare. In the health system, I had an appointment moved from august to december…luckily still within the same year, some people wait years for an operation or medicine. We are also one of the most expensive countries in the region, to the point where a product from a Costa Rican company is cheaper in Panama than here, even though the product is made in Costa Rica and exported to Panama.

Ron Helms

Aug 8, 2019, 1:02 am Reply

NewsBroke is Back???? Alright!

Lane Pianta

Aug 8, 2019, 1:14 am Reply

10,000 likes – Great video!

잿나비

Aug 8, 2019, 1:33 am Reply

I’m korean woman and I’m feminist and I’m progressive one and I do love u it makes me feel free

Nachannachle

Aug 8, 2019, 1:34 am Reply

You rock. 🙂

Michael Wyman

Aug 8, 2019, 1:38 am Reply

Fun bit here, just got my second job I ride a bike to work and have a roommate still just barely making it by, grate economy. Can't wait for next week's video, so glad y'all are back!!!

閱讀紙本

Aug 8, 2019, 2:10 am Reply

like

Bw Bs

Aug 8, 2019, 2:16 am Reply

stop trying to be funny… your not good at it.

Sigma Geranimo

Aug 8, 2019, 2:56 am Reply

Today economy is for the corporation. not for middle class.

Barboy0

Aug 8, 2019, 3:05 am Reply

Yang2020

alreid09

Aug 8, 2019, 3:16 am Reply

I have no idea how people could work two jobs, in a country with such a large GDP like America's. Overworked for not enough pay…. madness.

Anthony Smith

Aug 8, 2019, 3:34 am Reply

Wait, I thought this channel said goodbye and stopped. Glad to see you again!!

Richard The Cowardly Lion

Aug 8, 2019, 3:34 am Reply

Yay, Francesca's back! And now so am I.

Can Dra

Aug 8, 2019, 3:37 am Reply

Welcome to capitalist broh, where the rich keep rich the poor keep poor.
Learn from china broh

Pete Marriott

Aug 8, 2019, 3:56 am Reply

I wish you hosted Nerdist News…

King Scottish1194

Aug 8, 2019, 5:15 am Reply

Trickle Down Economics can best be described as "The Rich Man" saying to the "Poor Man" It's Raining, as the Rich Man is taking a giant piss on the Poor Man. Thank you Reaganomics for wrecking the American Economy for at least 40 years, your Legacy of B.S. is Legendary.

sassulusmagnus

Aug 8, 2019, 5:34 am Reply

For statistical purposes, a "job" ought to be defined as a full time position that allows a family of 4 to be adequately supported (adequate food, housing, clothing and all the other necessary stuff).

Teddy Hive

Aug 8, 2019, 5:39 am Reply

That’s not because of trump that’s from the previous president….. we won’t see the effects of what trump has done till the next president is in office

Alexis David Villegas Torres

Aug 8, 2019, 5:49 am Reply

Huojuuuu a Costa Rica for the winners!! By the way greetings from here!! 😛

tony’sMelody TM

Aug 8, 2019, 6:54 am Reply

;. You know? What if HKong KEK's decide democraticlly that all political refugees from China mainland can come to HKong. You know, democratic and persecuted forces. Falong gong members, Oeigoers (for muslims I think they are pretty well behaved. I met refugees in Holland. Very quiet, very grateful people, small and easygoing), people fleeing from N-korea',

You know, people with a grudge for Beijing-cuckery, and willingness to stand togehter on this last one of all Crusades.

Who knows, at least that is what I would decide for the camera's of all msm. Then China has to invade, on camera, Kekistan EastCoast all the time when their feelings got hurt, by somebody with a different opinion, boohoo boehoo Chinese Beijing-Cuks, boohooo.

Hasan M

Aug 8, 2019, 7:11 am Reply

Credit based, interest and usury based economy will lead to this. Interest also leads to environmental abuse because how on Earth you can create the interest money? You will plunder the Earth to create the extra wealth you pay back to your lender.

Michelle McMiken

Aug 8, 2019, 7:22 am Reply

We love you!

AndyCalif Alf

Aug 8, 2019, 8:07 am Reply

I like that type of reporting

Craig Blyth

Aug 8, 2019, 8:40 am Reply

Cos of lot of jobs created that are too low paid that require people to work more than one job as you indicated at very start of video. Also stats can be very misleading, dont show fully whats going on, youve heard of the saying " lies lies and damned statistics" havent you

IgnisPhoenix

Aug 8, 2019, 9:24 am Reply

Are they assuming AJ+ stands for Al Jazeera with that wikilink? Google's getting dumber and dumber.

B0bby Moon

Aug 8, 2019, 9:52 am Reply

so bias… feel sad for American. In Singapore, we have Channel News Asia who act as a platform to report news in a neutral standpoint. Meanwhile in the US, you guys have CNN, CNBC, Business Insider, Buzz Feed, AJ+ etc to report these shit. (Yup, Fox as well)

Good luck American! Trump can only protect you all for 1 or 5 more years. Bunch of lazy teenage who doesn't want to pay off their student loan, take up useless degree and ask government to forgive their student loan. Pathetic. A great leader who tried his best to act on the interest of American , yet bunch of idioits who lack of critical mindset, and independent thinking to differentiate what's right and wrong criticize your leader your being sexist, homophobic, racists … What's more pathetic, is there're ppl who think Trump's great economy is inherited by Obama, what a joke! I see no hope in the future of America after so many stupid statements in the comment section.

China may not surpass US in the near future, but I have faih US will fall eventually.

Anik ratbo

Aug 8, 2019, 11:49 am Reply

The more I see Francesca Fiorentini, the more I attracted to her I get.
Which I understand makes me sound like a chauvinistic knobhead who objectifies women, but I don't care in this case!

Ping Pong

Aug 8, 2019, 12:53 pm Reply

In the UK, we include the 'value' of drug dealing and prostitution as part of our GDP.
https://www.theguardian.com/business/2014/jun/10/accounting-drugs-prostitution-uk-economy-gdp-eu-rules

April Pryor

Aug 8, 2019, 1:15 pm Reply

My chihuahua was truly frightened by your singing.

random

Aug 8, 2019, 1:21 pm Reply

wow this is the best video I have ever seen in my life. Great job!!!!

Raymond Spicer

Aug 8, 2019, 1:22 pm Reply

WHITE PEOPLE ARE DOING GREAT THANKS TO QE..

Isaac Rizard

Aug 8, 2019, 1:22 pm Reply

Somehow, I can relate to this with my own current predicament. And I'm not in the USA.

h.faktor Services, LLC

Aug 8, 2019, 1:25 pm Reply

Costa Rica tha truth

Hee Sing Sia

Aug 8, 2019, 1:26 pm Reply

The real you looks more beautiful, Francesca

Dan Hollis

Aug 8, 2019, 1:34 pm Reply

I love how they act like Bernie Sanders is just some random politician when he’s been arguing for, fighting for, and demanding action these very same issues for the better part of a century.

Paula Forrest

Aug 8, 2019, 1:41 pm Reply

How about gross domestic happiness? 30 million uninsured, 87 million underinsured. Half million go bankrupt each year. Medical debt, student debt.

Adam Hauck

Aug 8, 2019, 1:42 pm Reply

The Davos pigs in shit analogy is so great. Seriously, though she gets sarcastic about dismantling our military, but imagine if we did! Right now we don't actually have to "defend" against any actual attacks on our soil. What national actor (you know, the kind of threat our military is ostensibly designed to repel) would be stupid enough to attack us, sending the entire global economy into a tailspin? 60% of every dollar collected in taxes goes to military spending, for a "service" (defense) that we don't actually need. That would be like you paying someone to cut your grass every single day – why?

Speaking of the lawn…time to cut the lawn!

Star Cherry

Aug 8, 2019, 1:42 pm Reply

She made this so easy to understand, I knew I wasn't going crazy

MrHaighahatta

Aug 8, 2019, 1:48 pm Reply

Trickle down economics is like living under wealthy people with a leaky toilet: they get the benefit, they're "flush," and you get crap. What we actually got is companies using their tax "breaks" (and/or paying NO federal taxes) for stock buybacks; contributing large sums of money to lobbyists and political candidates committed to maintaining the status quo; outsourcing, automation, and "corporate reorganization" to reduce or eliminate paying benefits to low-level employees while increasing the income disparity between workers and executives.

Mark Keller

Aug 8, 2019, 1:51 pm Reply

Is Newsbroke back for good?

Aaron Bono

Aug 8, 2019, 1:58 pm Reply

I'm grilling puzzled about this talk of how the stock market keeps improving. My parents and my wife's parents both have investments in the stock market. Yet they keep complaining about how they're losing.

Evan Swanson

Aug 8, 2019, 2:04 pm Reply

Good info but the script she was given is very hard to watch

Calvin George

Aug 8, 2019, 2:09 pm Reply

A good measure would be the average monthly bank balance of middle class families.

Oh Wyywy

Aug 8, 2019, 2:35 pm Reply

all i heard is that she want a celebrity to come to her home

Miguelon

Aug 8, 2019, 2:39 pm Reply

I work for coca cola… I'm over worked and underpayed ????????

olzt100

Aug 8, 2019, 2:47 pm Reply

Americans have been falsely taught that if the economy is doing well then the citizens are doing well. But the trick is businesses do not pay workers their true value to the business. So the businesses can be making lost of profits but businesses share those profits with investors, not workers. Only a few workers are paid their value or over paid due to their high standing in the business.

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