Unprecedented Government Spending By Antony Davies, Co-Author of COOPERATION AND COERCION The federal government has pumped $4.8 trillion into the economy over the past 11 months. Imagine what the U.S. would have looked like had the government just d
Manage episode 289473432 series 2407504
kjagradio에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 kjagradio 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Unprecedented Government Spending By Antony Davies, Co-Author of COOPERATION AND COERCION The federal government has pumped $4.8 trillion into the economy over the past 11 months. Imagine what the U.S. would have looked like had the government just divided that $4.8 trillion among U.S. households. What would that have done? There are 123 million households in the U.S. Given income cutoffs, the stimulus checks have been going out to around 80 percent of those households. Had the government simply divided that $4.8 trillion evenly among the 80 percent of 123 million households, each would have received a check for almost $50,000. Now think about what the U.S. would look like right now if 80 percent of households had received a check for $50,000. For one thing, and for the first time in the history of the human race, a country would have entirely eradicated poverty
…
continue reading
5736 에피소드