Part 1 - Gary Stevenson: Why
#Left and
#Right #EconomicPolicies Are Doomed to Fail
Gary Stevenson, a former Citibank trader turned inequality expert, delivers a hard-hitting two-part series exposing why both left- and right-wing
#EconomicPolicies are bound to fail. After making a fortune predicting economic downturns, Stevenson realized that
#RisingInequality is the root cause of economic dysfunction. Now, he’s breaking down how mainstream policies—regardless of
#political affiliation—fail to address this growing crisis.
In Part 1, Stevenson dissects
#Labour’s economic approach, which he calls “
#ManagedSensibilism.” Their plan?
#Borrow a little more,
#tax a little more, and
#invest a little more—an approach that
#economists praise but one that has already failed in the U.S. and
#Germany. While
#GDPGrowth and
#unemployment figures look strong, ordinary people are struggling with rent, bills, and even food. The real issue is
#inequality—and
#Labour, like
#Biden’s
#Democrats, is ignoring it.
Instead of
#TaxingTheWealthy, Labour will either
#borrow from them—an increasingly difficult task—or raise
#taxes on working people, making
#LivingStandards even worse. And with the
#UK in a much weaker borrowing position than the U.S., their strategy is set to fail even faster. The
#rich continue to absorb
#wealth like a black hole, while the
#MiddleClass shrinks and the poor fall deeper into financial despair.
This episode lays the groundwork for Part 2, where Stevenson will examine the
#US right-wing economic model and why it, too, is destined to
#collapse.
#Economics #Politics #Inequality #GaryStevenson #WealthInequality #FinancialCrisis #MiddleClassCrisis #CostOfLiving #RichGetRicher #EconomicJustice #TaxTheRich #WealthDistribution #GlobalEconomy #USPolitics #Tariffs #ImmigrationPolicy #EconomicGrowth #GovernmentFailure #MoneyMatters #PoliticalEconomy #IncomeDisparity #SocialJustice #WorkingClass #TrumpEconomy
Gary's YouTube -
https://rb.gy/gi9yzk
