The Intellectualist Profile picture
Jun 5 8 tweets 4 min read Twitter logo Read on Twitter
1/7 📉 The late 90s and 2000s were characterized by low interest rates and tax cuts.

While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 💵 Low interest rates make borrowing cheaper.

This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
3/7 🏦 For ordinary Americans, however, low interest rates can mean reduced returns on savings.

With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
4/7 💰 Tax cuts, particularly those favoring the wealthy, have exacerbated this trend.

By reducing the tax burden on high earners and corporations, these policies have allowed the rich to accumulate wealth at a faster rate. #taxcuts #wealthdisparity
5/7 👥 This acceleration of wealth among the wealthiest, coupled with stagnant or slow wealth growth for the middle and lower classes, has increased wealth inequality in the United States. #incomeinequality #wealthinequality
6/7 🔄 While low interest rates and tax cuts can stimulate economic growth in the short term, it’s essential to consider their long-term implications on wealth distribution and inequality. #economicpolicy #longtermimpact
7/7 🏛 Policy changes that address this imbalance could include progressive tax reforms and investment in public services that support wealth creation for all Americans, not just the few at the top. #policychange #progressivetax
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More from @highbrow_nobrow

Jun 6
1/ On June 6, 1944, Allied forces carried out the largest amphibious invasion in history, known as D-Day. It marked a turning point in World War II. Image
2/ The operation involved troops from the United States, United Kingdom, Canada, and other Allied nations. They landed on the beaches of Normandy, France, to liberate it from German occupation. Image
3/ The code name for the entire operation was "Operation Overlord." The planning and preparation for D-Day took months and involved thousands of military personnel and extensive intelligence efforts. Image
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Jun 5
1. “Alabama finds itself in the company of about half of Muslim-majority Middle Eastern countries, including Iran, Syria, the Palestinian territories, and Iraq, which according to United Nations and World Health Organization data, have total bans on abortions except where a… twitter.com/i/web/status/1… Image
*This article was published in 2019, prior to the Supreme Court’s reversal of Roe v. Wade.

**In 2023, abortion is now completely illegal in Alabama, meaning things are more dire today than they were when the article was originally published.

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3. The decision by the US Supreme Court to overturn the 50-year-old Roe v Wade judgement guaranteeing access to abortion across the United States, was described by the UN human rights chief as “a huge blow to women’s human rights and gender equality.”

news.un.org/en/story/2022/… Image
Read 4 tweets
Jun 5
Thread: The Electoral College: Thwarting Direct Democracy and Enabling Minority Tyranny 🗳️⚖️

1️⃣Let's talk about the Electoral College and how it impacts our democracy. 🇺🇸 #ElectoralCollege #DirectDemocracy #MinorityTyranny Image
2️⃣ The Electoral College is an outdated system that distorts the principle of "one person, one vote." 🙅‍♂️🗳️ It gives disproportionate power to states with smaller populations, diminishing the voice of the majority. #OnePersonOneVote #RepresentationMatters Image
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Read 11 tweets
Jun 5
1/5 Supply-side economics💰claims that tax cuts for rich people and businesses spur growth. But is it that simple? Let’s delve into it. #EconomicPolicy #SupplySideEconomics Image
2/5 First up, tax cuts can boost income inequality. The rich get richer, while funding for public services, often benefiting the less affluent, takes a hit due to less government revenue 💸. #IncomeInequality 📈 Image
3/5 Second, supply-side theory assumes companies will reinvest their extra cash to grow and create jobs 👷‍♀️🧑‍✈️. But what if they use the funds for stock buybacks or increased executive pay instead? 🤔💰 #CorporateBehavior Image
Read 6 tweets
Jun 5
1/5 Rising temps in the North Atlantic are more than just a climate change indicator - they pose real threats to human life. Let’s talk about why. #ClimateChange #NorthAtlantic
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Jun 4
NEW: “I wish Lauren all the best in her future endeavors. If she continues to search for her biological father I hope she finds the answers she has been looking for.”

– Stan Lane, former wrestler, and not Lauren Boebert's biological father. @PennLive

theintellectualist.com/members/the-in…
@PennLive “Early in my wrestling career while I was living in Florida and working for Championship Wrestling from Florida, I received notice that a woman I had a short affair with was accusing me of fathering her child."

theintellectualist.com/members/the-in…
@PennLive “I agreed to take another DNA Paternity test with Lauren Boebert in May 2023.

I allowed Lauren to handle the chain of custody for the samples to alleviate any doubt with the results. The results came back on May 11, 2023."

theintellectualist.com/members/the-in…
Read 6 tweets

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