The insiders acknowledge economic shortcomings, but never acknowledge the many economic problems caused by insider domination of both economies and government. Not surprisingly, their proposed solutions will do nothing to cure what ails the economy. From M.N. Gordon at economicprism.com:
The International Monetary Fund reported an unpleasant outlook for the U.S. economy on Wednesday. The IMF, as part of its annual review, believes the U.S. economic model isn’t working as well as it could to generate shared income growth.
On the same day, in an unrelated interview on PBS Newshour, billionaire investor Warren Buffett offered a similar outlook:
“The real problem, in my view, is — this has been — the prosperity has been unbelievable for the extremely rich people.
“If you go to 1982, when Forbes put on their first 400 list, those people had [a total of] $93 billion. They now have $2.4 trillion, [a multiple…
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