What Liberals Miss About the WEALTHY Class - Thomas Sowell || Income Inequality
What Liberals Hate About the MILLIONAIRE Class - Thomas Sowell || Income Inequality
Thomas Sowell on Income Disparities: Redistribution of Wealth || Wealth, Poverty and Politics
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Thomas Sowell is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently a Senior Fellow.
This channel shares and reacts on his teachings and wisdom, to help promote them to a wider audience, who need it now more than ever..
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Ronald Reagan said "The most terrifying words you'll hear are: we're from the government and we're here to help " 😬🙄😳
God bless this man
This man..!
Amazon does deliver good public service. Amazon trucks drive up and down the streets in my neighborhood EVERY DAY and deliver products that everyone wants or needs…and they don’t have to get in their car! Now THAT is a good public service!!!❤Amazon Forever!!!!
@BNOBLE981
Ай бұрын
That's customer service not public service.
@imnotanalien7839
Ай бұрын
😂Thank you for the heads up, however, if you consider all the cars that are not twirling around on the roads (public infrastructure) and carbon dioxide going into the atmosphere and killing the planet (all the gas NOT USED) , that’s a public good also. (Net Zero scores). So Amazon does both. Thank you professor.
I’m feeling really good, the foot is still sore, but I went to the bank, no problems, and was able to do yard work. I haven’t had to take any Tylenol.
Paul krugman is almost always wrong.
I seriously believe he is wrong here; social mobility is actually backwards nowadays. There are a lot of high class families going broke and the middle class is getting smaller by the day.
@3ZEBRA
Ай бұрын
source?
@redtobertshateshandles
Ай бұрын
I see that upper class people I know are working their tails off. My wife and I own nothing and relax all day at the beach. My ex neighbour owns a beachside house and a city apartment where he stays when working. I have seen him once in years.
@cas2985
25 күн бұрын
Class is fluid, people go back and forth between classes all the time. Most people who escape poverty never go back.
Can someone please explain to me do you tax the politicians or do you tax everyone and maybe tax people who earn more? Trump’s tax cuts for the wealthy if rescinded will put $240billion into the treasury in 10 years. Will that be good for the country or not. The fact that someone has grey hair and is eloquent doesn’t mean he is right or even smart.
@redtobertshateshandles
Ай бұрын
You don't tax people. It's their money. And their spending or savings drives the economy and investment. Governments just waste money. I suggest that you get a job and find out what paying tax is like.
@BNOBLE981
Ай бұрын
Depends if those wealthy move their businesses overseas or not, one of the main points of the tax cuts was to get them to do business/create jobs in America. What happens to that $240 billion tax revenue estimate if half or more the businesses it's relying on move overseas long before that 10 year time period the estimate is based on? Look at how high taxes is working in various Democrat cities around the US, combined with being soft on crime the businesses big and small have begun leaving, either for different cities within those state or to other states altogether.
@hanklesacks
Ай бұрын
U act as if projections are always correct. The cbo projected that trump's tax cuts would've resulted in revenues declining, but that wasn't the case and instead it increased.
@aliorr9356
Ай бұрын
Orange man bad 👻
@wakinglife7065
Ай бұрын
How many billions were given to Ukraine- over $200b how many billions for illegals? Over 2 billion in NY alone and a further 12 B next year. The point is it’s not the amount of tax collected - it’s how much is wasted.
Who was wrong, the settlers or the Indians that tried to stand their ground? Who made a profit, the Indians or the settlers? Unfortunately, sometimes being wrong pays off handsomely.
@redtobertshateshandles
Ай бұрын
Tribal societies have always been subjugated by larger, more unified, more advanced civilisation. Mao said " Political power comes from the barrel of a gun. " It's inevitable. You can have a cry about it but it doesn't change the maxim.