‘Increasing Wealth Inequality’ Now Economy’s Biggest Crisis | Elizabeth Pancotti

[@donttasemebro479]

This woman is not an economist. She's an ideologue.

[@WilliamIraWoodIV]

If by ideologue, you mean, Marxist / Communist,...yeah, that's what she is.

[@PsychHealth-wk9in]

I agree 100%. It's not because of her gender; she's just an analyst that thinks she knows what work is. As we have hallowed out every single sector of the US, most Americans fall into this category. I wonder if she has ever worked in a factory, plowed a field, run a business, etc... I am calling her bluff; I think she's a career bureaucrat at best.

[@PsychHealth-wk9in]

@@WilliamIraWoodIV Stopped watching after 10 minuets Mr. Lin. Please get some better guests. Love the show! Thanks.

[@HTub-bo2yl]

@@PsychHealth-wk9inI wonder if you have ever done accounting, research or coding.

[@dustinhartlyn]

@@HTub-bo2yl this is economics, not accounting. You seem to trust government officials to know/do what is best. In my experience they just make things worse. Their track recorded it predicting the outcome of policies would be laughable if they did not have such large consequences. Free market is the best imperfect solution for rewarding the effort of people in the fairest way.

[@VlamirJohnson]

The government can't give you anything that it didn't take from someone else.

[@MaterLucian]

It’s important videos like this exist so we can see how wrong these people are

[@HTub-bo2yl]

How about this topic: A carbon bubble crash is a potential economic downturn that could occur if the value of fossil fuel investments suddenly loses value and the industry's assets become stranded. This could happen if governments impose a limit on the total carbon budget, which could cause a "sudden stop" in the fossil fuel industry. Potential consequences of a carbon bubble crash Investors Investors with a high exposure to fossil fuels could lose billions of dollars. Economy A sudden crash could trigger a financial crisis, similar to the 2008 Financial Crisis. Jobs Jobs in fossil fuel production and related industries could be lost. Investment in green technology A recessionary response could deprive green technology of investment funds when they are most needed. The carbon bubble is a result of long-term artificial inflation of the fossil fuel industry. The Intergovernmental Panel on Cli

[@ScottRuark-q8x]

@@HTub-bo2ylthat’s gobbly guk

[@walterblake1]

This person is the perfect example of why America has hit rock bottom .. more government = more poverty

[@VlamirJohnson]

Maybe she should work 10-12 hours a day for 20 years to get ahead and then give her profits to those who don't produce. See how she likes it.

[@thanks4that261]

Amen

[@matthew1106]

I mentally tuned out when she said there isn’t too much spending by the government. Scary stuff to hear from someone who’s crafting influence for so many people.

[@thanks4that261]

Yup, according to her, the fix is NOT to lower gov spending... the fix is to add more taxes... 😅

[@jasonrgann]

This lady is a true leftist shill ❤❤❤✝️✝️✝️

[@WilliamIraWoodIV]

She's a Marxist / Communist.

[@gauloise6442]

The glasses were an immediate give away.

[@robinmiller3863]

She sounds like a politician

[@dialecticalmonist3405]

She's never had a real job and has no idea what she is talking about. She is trained by the monetary goofballs from woke academia who are destroying our world as we speak.

[@ElementaryWatson-oxo]

arrogant and ignorant politician

[@djthemacster]

A stupid one

[@baffinsansterre]

She's funded by politicians.

[@WilliamIraWoodIV]

If by politician, you mean, Marxist / Communist,...yeah, that's what she is.

[@Justinfred11]

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy >>and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@Joegolberg1]

People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@Benjaminarmstrong684]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@Justinfred11]

How can i get started when it comes to investing and passive income?

[@Benjaminarmstrong684]

Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment

[@Benjaminarmstrong684]

Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment

[@OctavioPaz-n4n]

It’s nice to have a guest who isn’t so greedy and wants to share our wealth with others.

[@markdonaldson3572]

I've only been listening for about 3 minutes...but I am tuning out. Some leftist who wants to solve everyone's problems by increasing the size of the government and increasing the U.S. debt is not someone I want to listen to....

[@joefuentes2977]

Thing is both parties are behind blowing up the debt and the deficit. Neither party is willing to make major cuts necessary to reduce the debt. It's known that the trajectory is essentially unsolvable

[@dianetaylor6751]

I found her annoying also and when this type of young people is "leading" and working on policy then our country is screwed.... doomed perhaps. Somehow I doubt she ever stepped into a commercial layer house nor worked her way thru the egg supply chain to the store. Nor any other food consumed by the citizens of the USA. My only question - Why was this idiot given air time?

[@markdonaldson3572]

@@joefuentes2977 That's what happens to Fiat currency economies. We are definitely headed for disaster. But I would rather come to the disaster a free man versus a complete serf.

[@joefuentes2977]

Yes I agree ​@@markdonaldson3572

[@LookWhatJesFound]

SHE GETS AN A+ for psychobabble with and a B- in forked tongue

[@dazedhavoc]

Economists like this guest are exactly why we’re all cooked as a nation.

[@dialecticalmonist3405]

This is supposed to be a serious show. But lately, he has been inviting a lot of woke idealist hippies who have never worked a day in their life and have no idea what they are saying.

[@AlejandroLopez-xv6go]

I was thinking the same thing after the 8mins

[@davebrewer7170]

She is totally unserious. DEI candidate in person. Lying incompetent joker

[@tinkeringpoko]

I started checking the comments at 3:00 mark, as soon as she introduces her background😅​@@AlejandroLopez-xv6go

[@Finchlvr]

Bingo you nailed it

[@jefferyvarnum351]

Wow, for someone so educated, she is delusional. What way has this administration helped the economy. The fact that she believes the Harris administration would be better is insane. This is so sad

[@gregabrams5792]

I live in the united states. I have never seen so many people driving cars with entire front ends, rear ends and side panels completely gone. We are already a second world country heading to a third world.

[@dustinhartlyn]

You forgot an important question: "name one county where these policies have worked"

[@HTub-bo2yl]

Florida after a hurricane

[@dustinhartlyn]

@@HTub-bo2yl that is an event, not a country.

[@chucklobster]

Thank you for explaining why the poor are getting poorer. It’s because of big government policies that never work.

[@25Soupy]

President Obama, it's a proven fact that lower taxes bring in more tax revenue for the government, why raise taxes on the rich? Obama replies, "Because it's a matter of social justice."

[@chrisbytwerk3712]

Close loopholes. Raising taxes not the answer.

[@waynerichardson1051]

Exactly

[@Craig121000]

Incorrect, I won't be divulging the real reason.

[@alphaomega1351]

None 👎 of these politicians will do anything. Doesn't matter the party. They are concerned only with maintaining the status quo. That is why year over year things continue to get worse for average Americans. 😳

[@vhateverlie]

So stimulus is good for the middle class, but you need to stop the wealth inequality, yet the stimulus research showed that all that money just went to the top 1% within 6 months further increasing wealth inequality.

[@thanks4that261]

Bingo

[@NoHomo1776]

CUT GOVERNMENT SPENDING

[@joefuentes2977]

Yeah but what would we cut?

[@arturonavarro66]

We can start by not supporting endless war by the Globalist in Isreal

[@andrewpillet8016]

@@joefuentes2977Everything!

[@Cobourg01]

​@@joefuentes2977the military.

[@pythagoran]

​@@joefuentes2977EVVVERRRYTHIIIIIIIIIING

[@c.p.haslop2500]

Your guest lost me when she disclosed that she was on the Inflation Reduction Act team (ala Bernie Sanders). 👀

[@ElementaryWatson-oxo]

yeah, huge spending bill ironically named Inflation Reduction Act 😁

[@rphrules1]

Yeah, and the part where she was totally fine about the Cares Act because they had no idea that vaccines would arrive to save the world.

[@mariorago7233]

David just wanted to say, love your show 🎉. I recommend it to everyone. I also wanted to say, I’m so glad you had her on your show. The first talking head of the left wing party. Her work history alone screams socialism. More people like her need to be interviewed. Put her on tv to spread the Robin Hood model. Take from working people and give to non working people.

[@funkibloo3811]

💥

[@JohnCiaccio]

Academics telling businesses how to run their business. Colleges are the biggest price fixers in the country. Is she going to give her income back? I doubt it.

[@TB-LivingFree]

This lady doesn't understand that we don't need more regulations, just let the free market handle it

[@daviddaugherty1011]

I have a pretty low opinion of the guest. It sounds like she is reading from a political campaign script. And not a good one. However, there is no such thing as a "free" market. We have private markets not free markets. They control most things in our country. The consolidation of ownership and power in those markets is where a lot of our problems come from.

[@barrycalvert8219]

That is what tge rich have done for 40 years. More regulations to free themselves from responsibility to the country and ita people. At the same time creating regs for you, and freeing thyself

[@watamutha]

Actually you need large taxes for the rich not free markets at this point

[@dialecticalmonist3405]

She LIVES as a parasite to speak nonsense.

[@TherealJesseLivermore]

@@watamuthacan’t have a free market under a debt based system like the US. would cause all the insolvent debt and leverage to be liquidated and dethrone the US dollar. however, a free market is the solution to wealth inequality, monopolies, and inflation.

[@Grace.h-t8o]

All these issues stem from an economy grappling with uncertainties, including housing problems, foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.

[@DhanaPayar]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money

[@Kin-28-8]

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

[@Lewistonwilliams-f5i]

How can I participate in this? I aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@Kin-28-8]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@JaneBlac-]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@objectivethinker3225]

The two primary causes making the wealth Gap this large are loose monetary policy and excessive government fiscal spending captured by special interests.

[@Tigornable]

"Word 🥗", with dash of "throwing around names", and a hint of "fake it till you make it".

[@djninob]

I love how David continued to press on the topic of price controls. A+

[@thanks4that261]

100% 😂 price controls ARE A TERRIBLE STRATEGY

[@daviddaugherty1011]

Let's play a drinking game. Take a shot every time she says "famlies". Let's see how long you last.

[@funkibloo3811]

🤣 hiccup 🥴

[@Billy97ify]

Discouraging capital investment just has to make a nation richer. Look at Haiti. There is no investment and everyone is equally wealthy.

[@kriminil1516]

Not good policies, but she does do a better job explaining them than you'll find anywhere else.

[@azuraelion]

I agree -- She is clear and articulate -- I completely disagree with her on most points, but if you listen carefully she is using fairly standard economic arguments and does explain what the theory and purpose is. I think everyone is giving her a hard time for her views, and not being fair to her ability to accurately depict what the plan is. Almost none of the proposals would work, but she is a "good" alternative economist.

[@casspower]

We do have enough houses. It’s just that people like to buy them for airbnbs or rentals and it takes away the supply for families. It also raises the cost of buying a home and drives these crazy market booms in housing. In my small town it’s not corporations buying these homes that are lower cost it’s investors swooping in and buying them cash or even worse committing mortgage fraud by pretending to buy it as their primary residence but really using it as an investment. As a realtor I see it all the time because other realtors have no integrity and are just looking for their next customer and commission check.

[@wxieqdsiwevbks]

And b.s. laws/policies that LOWER turnover of houses. Check out California Proposition 13

[@donaldnesvik]

I had to end the video shortly after it started when she said she had worked for Senator Sanders the Communist, the guy who's never had a real job in his life, the guy with multiple Lake homes. Yeah that guy

[@WilliamIraWoodIV]

She's a Marxist / Communist.

[@Donotoverleverage]

Tell me what business this liberal started and I’ll tell you whether she knows economics

[@JimmyHat-k4t]

Go woke go broke

[@supermash1]

Canada is an object lesson on that.

[@John-jl9de]

She is full of it.

[@WilliamIraWoodIV]

She's a Marxist / Communist.

[@janejohndoe348]

Price controls don't work, but what does work is enforcing anti-trust laws and going after anti-competitive practices. We need to bring competition back into the market. Crony capitalism is a graft no different than socialism.

[@scottchouse]

This lady is typical academia and has done nothing. Lol. Every study she's worked on has increased the wealth gap. Lol.

[@dialecticalmonist3405]

Exactly. She is non-productive and actively does DAMAGE to the world and creates MORE poor people and MORE starvation, suffering and death.

[@WilliamIraWoodIV]

She's a Marxist / Communist.

[@ryanmarosy2940]

Thanks David for having her on. This makes you a balanced reporter. I don't know if she realizes shes working for the same people that are the reason for the wealth inequality. Obviously she is smart but with gold going to the moon in price its obvious we are not winning the war on inflation, the war on wealth inequality, or any other war. No, the people will suffer more until the global revolution happens for economic freedom or the currency hyper-inflates. Simply put no ones value should be stolen, no ones labor should be confiscated, no ones liberty should be stomped on. If you or I earn currency today it should hold its buying power tomorrow and a year from now. Anything else is theft.

[@Andre-ep7nd]

if dropping rates decreases purchasing power how is that helping the working person? this is why they don't teach financial literacy in public school so they can exploit the working class

[@michaellalyons5037]

Love this show and the visibility it provides into great minds who understand the complex landscape of our economy and its history. Clearly this guest is not one of them. On the plus side, reading the comments of your viewers gives me hope; your audience is an educated bunch and how quickly they can spot a political zealot spouting factually inaccurate thoughts means the future of our country isn’t a complete S show in the making. Here’s to silver linings.

[@PsychHealth-wk9in]

This economist is really smart, but she epitomizes what's wrong with the US today. We don't need a bunch of bureaucrats stealing money from business owners. There is still upward mobility in the US; no one is forcing Americans to support big government, do drugs, etc... A career economist sounds like a great job, but it doesn't contribute to America's GDP as it's merely a job of observation and opinion. How does this help the economy? What happens when people stop accepting dollars and the Fed's printing press became a toilet paper machine?

[@Dimitirgball]

Good to hear how crazy they sound from time to time. Good guest

[@georgistanchev3595]

Thank for inviting her, it kind of shows the complete incompetence of the government officials

[@bradd4]

Mass deportation and remigration would bring down costs of living by lowering demand for housing and consumer essentials. Companies and landlords would lower prices to incentivize consumers as supply overtakes demand. Government could improve wealth inequality by preventing offshoring of jobs and breaking up the largest companies that have an outsize share of their overall industry.

[@chucklobster]

You want to help? Stop trying to help.

[@dialecticalmonist3405]

She's coming to "help". And she'll steal your tax money for her "service".

[@davebrewer7170]

She should learn to fish Maybe she would be doing something useful

[@lostcreek7551]

Costco is famous for losing money on selling groceries and making the profits from their membership.

[@justinross687]

Not true across the board

[@wxieqdsiwevbks]

Nobody is going to keep operating a business based on zero to loooow profits

[@ElementaryWatson-oxo]

@@wxieqdsiwevbks Costco maintains low markups on products (typically capped at 14-15%), which drives high sales volume. They receive over $4B in membership fees. Altogether the gross margin is about 11%. Most grocery stores have a margin of 5-10%. Which makes all claims about price gouging politically driven nonsense.

[@ScottRuark-q8x]

What happens when you impose price controls, and that’s what this is, you get empty shelves! She would look sexy in a black beret

[@Resmith18SR]

Are the people commenting on here criticizing her not believing that there's an extremely serious income and asset inequality issue in the U.S? What are your solutions?

[@EJ84x]

Unrealized gains tax only affects 10000 people as of right now......Until the government changes the income level to a lower level each time they need more money. Before you know it, it will affect everyone. Just look at how income taxes have evolved since they were introduced way back when.

[@stevenbrader9614]

Agree, name one government tax on rich that did not go to middle class? I’ll help anyone on the google search , It is zero. Every tax on the rich went to the middle class

[@Finchlvr]

We have unrealized gains now in property taxes - overinflated tax assessments of houses = higher property taxes and you didn’t “realize” the gain (unless you sell and make a gain)

[@XpackLersV]

Also, with the reckless fiscal spending, anyone who stores there wealth in assets will soon have >$100 million in net worth as inflation booms

[@prolific1518]

Income taxes have decreased for the top. That's why the middle class and poor have dealt with the effects of debt causing economic issues while the top have been better off each generation. People like you really do fight against your own good.

[@douglasx6915]

I’m certainly detecting more of a political hack than an economist.

[@dialecticalmonist3405]

She's NEVER HAD A REAL JOB. She's an "academic" kid whose never known what real work is required to actually BUILD REAL THINGS and PRODUCE. She worked for Bernie, who has lived his ENTIRE LIFE on taxpayer money.

[@djthemacster]

We have a revenue problem not a spending problem ???!! Are you high ?

[@funkibloo3811]

Nope, nope, nope. No thumbs up on this one.

[@qtanon1]

Shes nuts.

[@GetSocialButterfly]

A psychopath

[@texascrewdogs8054]

David thank you for having the other side share their theories and proposed policies. While I don’t agree with them it’s good to see the rational no matter how flawed.

[@linmal2242]

The definition of Hyperinflation is Government Deficit Spending financed through Money Printing. The USA and many other countries are on the cusp of Hyperinflation !

[@SIMARJEETMEHTA]

No matter which side you are on, the 1st priority is to cut bureaucracy and the money and time wasted there.

[@amerlibmov]

Even as large as the Biden stimulus was it still can’t keep the economy going without federal reserve rate cuts. So I guess that answers the question was the Obama stimulus package too small. The fact is, government spending to stimulate the economy whether large or small is too weak. An across the board tax cut is much more powerful in stimulating economic growth.

[@akumacode]

I just don't trust the government to handle the nuisance properly. I learned that in CA with the carpool/express lanes. You can vote on the implementation of a new law, but you don't get to vote on HOW it gets implemented. The lane will be taxed but we don't get to choose HOW much or WHEN. Some faceless entity does. Government can paint, but only with a broad brush. It can't handle doing finer details. I can only imagine what they will do with something as complicated as a capital gains tax and the programs they try to implement with that resulting tax money. I trust it will be a similar mess to the carpool/express lanes and make the risk not worth the reward

[@wallario]

No. Mid class are thinning. I guess 500k or less is poor class so I guess I am as well

[@thunderbird3694]

"All the Property that is necessary to a Man, for the Conservation of the Individual and the Propagation of the Species, is his natural Right, which none can justly deprive him of: But all Property superfluous to such purposes is the Property of the Publick, who, by their Laws, have created it, and who may therefore by other Laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire and live among Savages. He can have no right to the benefits of Society" - Benjamin Franklin

[@MikeCastelonia]

Krugman-the-textbook-author admits that a ban on price gouging is the same as a price ceiling. In his column, he gives examples of price gouging: “Texas prohibits many businesses from ‘demanding an exorbitant or excessive price’ on things including food and fuel during disasters,” “voters hate it when businesses take advantage of shortages to charge very high prices,” and “some of us still remember the California energy crisis circa 2001, when power producers reduced supply to drive up electricity prices.” Krugman is implying that a crisis constitutes an exception - it’s not a price control if it is implemented in response to a crisis.

[@dilatedtime]

IMO one of the biggest drivers of wealth inequality is inflation and what causes inflation is expanding money supply and how does that happen, through irresponsible government (over)spending. And it’s people like Pancotti who drive the policy that results in all this irresponsible spending.

[@wxieqdsiwevbks]

Well for those who say tariffs work, how???? Consumers end up paying MORE for goods because businesses/manufacturers pass it onto us! Do you think they will pay for the higher costs to ship them? UHMMMM wishful thinking

[@LackLuster2012]

The Margaret Thatcher clip was pretty spot on. Every socioeconomic class is in a much better situation than 50 years ago. She didn't have a good answer to that. She's just pushing her own philosophies without even pondering this point.

[@sergiogomes5585]

The lady should come to portugal to see what real appens when that ideas are a reality. Prodution tankes, more unemployement and more lavis spending by the governetments.

[@tomonybrandon9612]

David sure is letting her take a lot of liberties here. Quite the gracious host...

[@edmitiu7383]

''Yes dear''...''Whatever you say dear'', Thanks for the interview.

[@mulatto2776]

This was a pro-Kamala Harris campaign speech that turned into a pro-Donald Trump speech if you actually listened to her. 😂

[@JuanAguirre-i4v]

Is this a comunist channel?

[@kalitzina]

No lol, but this helps to show us why not to go that way.

[@tbone5654]

Has this guest had a head injury? Funny how just her look suggests an inability to reason. She should be force to write a paper on all the disastrous unintended consequences when implementing a punitive capital gains tax system that taxes unrealized gains. She needs to talk about capital flight, destruction of the capital formation process, destruction of international tax competitiveness, mass deterrent for human and financial capital inflow.......

[@slowridefpv9668]

Just can’t admit that government policies have driven the wealth in equality to a new high.

[@Adam-ey3ud]

Rescue plan wasn’t good. Now people are spending like they know they’re going to get bailed out every time

[@gracefulcat68]

lol, wth? she's just talking and none of it matters. we had 4 years where americans had more money because of better policies. if people work, their money does not need to be redistributed. equity is bs because we don't all have the same morals, ethics, and come from the same places. the only equalizer is working had for what you need and want and making good financial choices. these people are why america is where it is right now! clean house at the federal level because they should never be the largest employer in america! that's what communist and socialist countries do. get out of debt and be self reliant.

[@Tomkinsbc]

She is talking as if the slashing of the interest rates by 0.5% is good thin. If I am not mistaken what will now come, will take any benefit by this cutting of interest rate and put added hardship upon the middle class and below. If I am right will she resign and never work within the government or within any financial occupation.

[@josephchoi5598]

As a Republican, I thought your guest did a good job of explaining the "other" side, in a amiable way.

[@Jak-5]

As a small business owner it is clear this lady is clueless. When big businesses lower their prices my sales go down because I can't be as competitive. My input costs are higher, forcing price controls will make it worse. Lowering energy costs and allowing businesses to pay wages we can afford is what we need to lower overall prices.

[@davidcollins8150]

Not sure if Elizabeth is reading these comments. I invite her to join the Merry band of heterodox economists on the ProfSteveKeen KZbin weekly show. The last two talks were very informative. 1) Limits to Growth 2) Industrial Policy

[@hagbardc623]

Kudos in bringing this perspective and how this might challenge a great deal of what one hears in these echo chambers. Cheers.

[@Casey-qm1nd]

I didn't like this guest but I am glad to hear different perspectives and POV's. Thanks David for the content, appreciate it.

[@ALANGREENSPAN420]

🤫🚨SILENT DEPRESSION🤫🚨

[@dr.erelevant9204]

Her believing that the vaccine rollout saved the economy is just the chefs kiss.

[@afewnicethings7994]

Biden Harris administration is like a teenager bringing the car back wrecked, and gas tank empty.

[@davebrewer7170]

And saying they did a qood job

[@davidcollins8150]

David - think of the wealth tax this way. The bulk of the average person’s wealth is tied up in their home. They in effect pay an unrealized “wealth” tax through payment of property taxes. This is easy for the tax authorities because the assets can easily be tracked. So let’s say their are 6000 people with 100 million in wealth or greater. The solution is simple in terms of enforcement of a wealth tax, assign (3) tax agents to each of those people so as to avoid collusion

[@ronaldvanderburgh8986]

I don't buy it; Price controle. Competition will flush-out the idea that artificial high prices can maintain. If you price yourself out of the market, you're not going to stay alive as a company.

[@ScottRuark-q8x]

Housing is not a market failure- it’s a regulation issue- are two income families a new phenomenon-Democrats have been in charge more than half the last thirty years and wealth inequality has risen drastically-if they go after 10000 taxpayers they might get 500 that don’t move their money

[@karatmojica]

I disagree with her remarks and have no interest in learning more about her work. We need reduced government control, and I don't support Harris, as I feel she lacks independent leadership.

[@jroldan3515]

More regulation, bigger government, that worked out great for say Argentina. Love your show David

[@justincadle7070]

Companies borrowed tons of money and they want help servicing that debt. Inflation

[@stanminna1761]

I'm a bit of a liberal in theory and yet she comes off as a head-in-the-clouds wonk who is spinning everything David Lin has had many mors conservative guests than liberal ones, so in that sense it's good, but she doesn't represent anything well, here

[@Al-yu6bq]

We are poor because we need to mantein politicians and civil servants with our taxes

[@dialecticalmonist3405]

Ones like HER. Exactly.

[@tombucy1955]

So if I heard her correctly, she works on Biden's team either directly or indirectly. Knowing her background, It seems that David invited her to give her extremely biased opinion slanted towards Harris' favor. That said, Elizabeth has done a great job of framing the Harris policy intentions which until now has been very poorly explained by Harris herself. David just did Harris a huge favor.

[@Gemaniacal]

I can't listen to someone involved in blaming walmart for high prices. It was trillions in sensless money printing. To say it was anything else is evasive and deflective.

[@bbhima5814]

If I drop a brick on my toe, the problem is gravity......

[@marcmarin5394]

I’m out, first words out of her mouth turned me off

[@daminiel1]

Fossil fuels are not as scarce and rare as people make it. We have been using fossil fuels for how long now.? Exactly why haven’t we run out yet if they’re so finite.

[@martinallen7528]

Let's go brandi

[@erikkovacs3097]

So the solution to the big government policies that caused all this wealth inequality is BIGGER government policies? Makes sense to me!

[@HyperspaceHoliday]

"it only affects people with $100 million or more...." --- No, it affecta everyone who owns shares in the companies that will need to be liquidated in order for thesd rich people to pay their unrealized capital gains tax bill. And, with the right amount of inflation, all Americans will be worth over $100 million.

[@HTub-bo2yl]

We about to get hit again with a hurricane. I am glad there are anti-gouging laws on the books

[@Mrbear109]

I couldn't listen to more than a few minutes; I was getting nauseous. "Penalties for high prices doesn't equal price controls, and it's okay because it's just an incremental increase in the role of the federal government that States can do already." My eyes are in serious pain from rolling so far to the back of my head. How many times does economic and political history have to repeat itself before the masses understand that big government is a very very very bad thing? The consequences of following a well-intended, government loving ignoramus are the exact same as following an evil tyrant Marxist. This is insanity to consider these policies. It's 2024, we have books!

[@akumacode]

stimulus checks being $1200 biweekly I really disagreed with. It was too high imo, but it was informative to know that they didn't know we would have vaccines so fast. And how that was a factor in erring on being too high than too low

[@primetastic]

Idealogue. If she were a scientist and was producing studies, the hypothesis tested would always end up being supported by the research. Doesn’t matter what’s true, all that matters is that you are right. Scary stuff.