A Quote by David Olusoga
Not only does the UK have the highest levels of regional inequality among the major economies, the imbalance is widening, not narrowing.
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If we look at Houston, which is a very environmentally toxic place, we find that it has one of the highest levels of young men going to prison and also among the highest levels of illiteracy in the country.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
I think, from a progressive point of view, to have a Democratic Congress and a Democratic White House, and to have spent the time on Obamacare, which had real benefits, 20 million insured, but not on inequality, was a major cost to the Democratic Party, costing them their majorities, but also a bit of a cost to the country, because it didn't address the fundamental issues that led to Donald Trump and that led to a lot of unhappiness, just the continued widening inequality.
Education is not the only answer and it's certainly not the immediate solution. At best, it's a necessary, but not sufficient response to widening inequality.
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
Rather than engineering our economies solely to maximise GDP, Africa's business and political leaders must build economies explicitly designed to end poverty and inequality.
The research points pretty clearly to the rise of companionate marriage, and I just think it's going to keep being popular, for the very simple reason that it's basically the only way to afford a family life in the 21st-century in advanced economies. It's one of the major reasons for the spike in income inequality. Surgeons used to marry their secretaries. Now they marry other surgeons.
Instead of looking at life as a narrowing funnel, we can see it ever widening to choose the things we want to do, to take the wisdom we've learned and create something.
A study of interactions between women and obstetricians offers an explanation. It described three levels of increasing power imbalance: In the first, you fight and lose; in the second you don't fight because you know you can't win. However, in the highest level of power differential, your preferences are so manipulated that you act against your own interests, but you are content. Elective [meaning requested for no medical reason, not to be confused with needed surgery planned in advance] repeat cesarean exemplifies that highest level.
Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.
I was the one that brought it in, but not only for the north-east, for every area so we can develop all the regional economies, lift up the national productivity, get greater wealth and share it more evenly.
I'm 40 years old. What I have seen my whole life is widening income inequality.
Rising inequality is toxic to growth. High levels of inequality exclude people - both as innovators and customers - diminishing both innovation and demand.
That's an important Obama accomplishment: he raised taxes back to Bill Clinton levels, and made a major dent in inequality doing so. That's certain to be reversed, that's going to disappear. The Republicans are going to slash the rich's taxes.
Donald Trump does not understand the UK and what happens in the UK.
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