The economy and poverty can both increase at the same time.

@pseudoname3570

6 жыл бұрын

It all depends on statistical relativity, if your definition of poverty is based off a certain deviation from a median income level or a threshold then you can make poverty anything you want it to be (this is used in the OECD for example). If however it is defined in absolute terms, then really it never increases but globally decreases, due to general productivity gains. Its all dependent on how you measure, the bottom 15% in the U.S are still the top 85% globally, despite those 15% being under the US poverty, however well above all international measures of poverty. By observing an increase or decrease tells you nothing about why it actually actually also.

@552mustang

6 жыл бұрын

David Barnes Stuff When has that EVER happened? Give me one example with high GDP growth rates in a country and poverty increasing.

@davidbarnesstuff53

6 жыл бұрын

552mustang The phrase "The rich get richer and the poor get poorer. " is occurring in this country. When I left the military in 1988, I started work as a technician in industrial repair and maintenance. When I left the industry in 2015 my wages had gone from $12 an hour to $18 an hour and benefits had decreased. This in spite of the fact that I was promoted to department head. As long as corporate campaign contributions and PAC money is how we elect our representatives this will continue. Corporate profits increased even during the 2008 recession. I do not want to pay less tax. I want the top 1% to pay more. Trump gave working class people a small temporary tax cut as a bribe while giving large corporations and wealthy Americans several large tax breaks. They did not need it and we can't afford it. The corporate tax break was supposed to go along with legislation that would close loop holes that were being used to reduce the rate they were paying but the legislation never passed. The latest "attemp" the "The Tax Fairness and Transparency Act" is still in committee and it is going to die there. To answer your question, American workers wages are not increasing while corporate profits and the wealthiest Americans are seeing a large increase. The answer is here, in the United States.

@MariA-ev8uy

6 жыл бұрын

David Barnes Stuff of course, very good example and description

@NazriB

Жыл бұрын

Lies again? Miami Birds Green Pink

When it comes to economics Christine Legarde is severely lacking in any deep thoughts or understanding of what she is saying and glossing over the realities to cover her own organisations failings. She claims two thirds the "Big Mountain" of debt and two thirds of it is in the private sector. Then she shows concern for government debt in some economies yet fails to even take notice of or maybe to even understand in the first place the nature of government debt and the undeniable fact that ALL government debt becomes a burden for the private sector since no government can pay off it's own debt without passing the cost onto the private sector. It is a one way street:-- Government creates debt, spends the money gained from that debt to pay for programs, then burdens the private sector to pay it off when it matures and to pay the interest on it in the meantime time. It's not hard to see that the problem is the respective governments and politicians and at the top of the tree is the politicians in the IMF itself with it's lending practices who create the debt in the first place and then talk as if the problem is somehow solvable by the government's who borrow from the debt creators at the IMF and their private citizens and private companies. he isue is the IMF firstly which creates it's own money and then lends it and acts as if it is wealth. Just as she learned when she was a synchronised swimmer. - She puts a peg over her nose and goes under water.

Free Trade should NOT mean open boarder, social engineering, low wages for the working class, and complete control. Fee trade should not mean a take over of nations.

@masourgueye2232

5 жыл бұрын

Gerard Kelly De par mansour Gueye litote d'experts emploi de jeunes 1998 brave mdm Lagarde vous très bien défini le nouvel ordre entre la croissance et le marketing trade- où se situe l'investissement en direction de l'Afrique? Merci beaucoup

Many in developing nations yearn for the things that people in industrialized nations have.

A brief introduction to the structure, policies, and activities of the IMF of interest to a general audience. Is called IMF #AnkitStudyPoint

This lady is a very slick talker...and a master at dodging topics that bring into question the validity and truth of what she is saying. I was impressed with the way the reporter went after her.

I love this woman my huge Inspiration🙏stay blessed🌷♥️👍💯

@opinioncorrecta9693

5 жыл бұрын

kerry y. Why? She looks like monster.

Defunct the IMF!!

Thumbnail looks like an animatronic

The IMF is a monopoly oranisation but according to Legarde they support competition !!!. - What? - Oh ! But ONLY if there is None for them at the IMF who want keep the monopoly of issuing SDR's and their own lending practices !!

I like the old ladies accent. shes pretty. I would wife.

Nothing Gained, Nothing Ventured.

She’s right. Pay the debt. Multilateral was tried, failed. Start over with bilateral then grow the solutions. What works for China doesn’t work for Japan or the EU or the UK

On a arrivé à aucune solution avec la banque populaire du Maroc concerne des transferts d'un montant de 5,1 milliards euros reçu sur notre compte bancaire de défferentes banking européens bce FMI et autres et que la banque populaire du Maroc a rein déclarée. Noureddine elhoussni

THIS IS THE REAL DEAL DEVIL WEARING PRADA... USED TO HUMBLE HERSELF BEFORE SARKOZY, THE PRINCE OF DARKNESS.... HAHAHA

🐀

Fair Trade is MAGA. Enough of abuse