Senior Spending Crisis
The U.S. faces a looming financial challenge as a significant portion of tax dollars is allocated to seniors, with projections indicating that this could exceed 50%. While options like means testing and raising the retirement age are discussed, the real issue lies within the tax code itself, which allows wealthy corporations to evade taxes. To foster economic growth, a shift in investment priorities towards technology and education is essential, rather than solely focusing on maintaining benefits for the elderly.In this clip
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Prof G Markets
Prof G Markets: Alibaba and Mercado Libre, Share Buybacks vs. Dividends, and National Credit Ratings
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