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We deserve $47 trillion, not $1,400.
Here's why the next stimulus must consist of $7 Trillion in direct financial relief, not including a cancellation of all student debt and medical debt in a #DebtJubilee.
A THREAD. Please share--I think everyone needs to know this.
Here's why the next stimulus must consist of $7 Trillion in direct financial relief, not including a cancellation of all student debt and medical debt in a #DebtJubilee.
A THREAD. Please share--I think everyone needs to know this.
By now you've probably seen this chart on productivity and compensation, creating a wedge like decoupling in the 1960s.
If we fill in the wedge, how many dollars are represented?
If we fill in the wedge, how many dollars are represented?
According to RAND (not exactly a lefty institution), the dollars represented by that wedge is ~$47 trillion.
Every year we tack on ~$2.5 trillion.
Make no mistake: this money is being STOLEN from you.
You're not a charity case; you deserve reparations.
rand.org/blog/2020/10/a…
Every year we tack on ~$2.5 trillion.
Make no mistake: this money is being STOLEN from you.
You're not a charity case; you deserve reparations.
rand.org/blog/2020/10/a…
