Comments by "whyamimrpink78" (@whyamimrpink78) on "" video.

  1. 4
  2. 3
  3. 2
  4. 2
  5. 2
  6. 2
  7. 2
  8. 2
  9. 2
  10. 2
  11. 2
  12. 2
  13. 1
  14. 1
  15. 1
  16. 1
  17. 1
  18. 1
  19. 1
  20. 1
  21. 1
  22. 1
  23. 1
  24. 1
  25. 1
  26. 1
  27. 1
  28. 1
  29. 1. Warren Buffet paid closed to 40% in income taxes. Most of his earnings are in capital gains. The capital gains tax is low because it encourages investors to hold onto stocks for a year (after a year the capital gains tax drops). If that did not exist trading will increase massively causing major chaos in the stock market and uncertainty in the economy. 2. Labor participation is stagnate where for years prior it was going down. Even with that unemployment is still going down. 3. Wage stagnation is arguably a myth. If you use CPI method of inflation yes, wages have stagnated. But if you use PCE or GDP deflator method of inflation wages have outpaced inflation. Also, CPI is around 100 years old and has many flaws. One is that it does not account for technological advancement. For example, a car today cost more than in the past in pure sticker price. However, cars today last longer, get better gas mileage and are safer, all which saves money in the long run. 4. People die in every nation due to lack of healthcare. That 45,000 you point out is what I like to call a "empty stat". It is empty as you have nothing to compare it to. Is that high compare to other nations or is it the norm? Up to 7000 die in Australia every year waiting for "elective" surgery. Also, the problem with that 45,000 stat is that they are poor individuals. There is a correlation between being poor and having bad health due to personal life choices. There are higher rates of smoking and obesity with the poor. So the question becomes do they die due to lack of healthcare or due to being in bad health to begin with?
    1
  30. 1
  31. 1
  32. 1
  33. 1
  34. 1
  35. 1
  36. 1
  37. 1