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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Ladies And Gentlemen . . . The President of the United States

April 30, 2021April 29, 2021

The speech.

The transcript.

The Pie Charts.

Note that the $4 trillion the President spoke of Wednesday is spread out over eight and ten years, for more like $400 billion a year.  Huge — but less than 2% of our GDP.

Is that too much to revitalize our infrastructure? To reverse the 40-year trend toward ever-increasing inequality?

The three richest Americans have a combined net worth greater than the bottom 160 million, according to Tax The Rich.   That’s not a criticism of those three largely-great men; but it does suggest some recalibration may be in order.


Have a great weekend!

 

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