Americans are Getting Poorer: Economist | Business Matters Full Broadcast (Apr. 25)
The U.S. economy showed signs of slowing in the first quarter as inflation pressures and higher borrowing costs weighed on the country to kick off 2024.
Facebook owner Meta registered nearly $4 billion in losses for its metaverse and AI research wing in the first quarter, with the company’s stock crashing by more than 11 percent in a single day.
The Federal Communications Commission voted 3-2 on Thursday to reinstate landmark net neutrality rules and reassume regulatory oversight of broadband internet rescinded under former President Donald Trump.
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The majority of the US population is enjoying these outcomes of government policies: Economic inequality, inflation, stagnant real wages for the last fifty years, costly healthcare, an expensive education system, student loan debt totaling $1.7 trillion with an average balance of $38,000, poor public transportation systems, racial inequality, mass incarceration, the militarization of police, deteriorating infrastructure, housing affordability, homelessness, the opioid epidemic, and gun violence. Instead of prioritizing the welfare of their people, they meddle in other countries to spread their version of democracy.
@Freedo1234
Ай бұрын
Very true !
Evan if you won the lottery,we still owe 36 trillion dollars,what is it that people don't get.
@eddiekulp1241
Ай бұрын
I would be rich , govt can't take it all away
@seinundzeiten
Ай бұрын
@@eddiekulp1241 technically they can
Most US new retirees are considered moving to SE Asia for their retirement. I'm one of them, $1000/month go a long way over here.
@brianliew5901
Ай бұрын
Welcome to S. E. Asia where the multi-ethnic and diverse cultures make up a truly Asia.❤❤❤🇲🇾💪💰✌️
@puravida5683
Ай бұрын
I saw the writing on the wall 9 years ago. And moved permanently to Costa Rica.🏖
Inflation inflation inflation... property taxes, inurance and food increase so much.
It simply means the dollar is losing more and more value as Uncle Sam is getting crazier and crazier each passing day. 😂😂😂😂
@Ken-bz7kj
Ай бұрын
Uncle sam is already crazy and demented 😂
I make $100,000 year and I’ve got nothing to show for it 🤷♂️. 1/3 of my pay goes into taxs. 1/3 into cost of living, more taxs, 401k, benefits cost. Leaves me with $33,000 year or $635 week or $90 day. I live in Hawaii so $90 don’t go far when I need to make truck payments, buy gas, new clothing, going out and having fun.
We need to drill more oil!
people getting poorer but those industrial complex and their kind is getting richer and richer
US government debt 31 trillion homeless everywhere politicians leaders spend billion dollars for war never cared their peoples 😂😅
Compared to 20 years ago, my income increase 40%, but I feel I am much poorer.
Glasses make people look stupid but you are fairly smart.
Stack your XRP folks
Hyper inflation
The worst thing anyone can do in these times is getting into Credit Card Debt. Its extortion from these card crooks, and its a trap leaving you harder and harder to get out of. Don't do it.
IAM POOR EVER SINCE JOEY GOT IN
Im broke but they gave the money To the Ukranian and Israel. I just realize Jesus is not my friend..😢
Credit card debt
Always ❤
I mean is this information you’re saying a surprise because you said the markets were surprised I don’t think it’s a surprise. It’s the result of the damage over the last two years that is their goal is to slow the economy down not control inflation that has to fix itself through the consumer who just doesn’t buy anymoresooner or later they’ll have enough
Thier doing this to bring in that stupid Cbdc thing
Peelosi beautiful sight to behold👌✌👍