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The Covid crisis has exacerbated inequalities between the very wealthy and the rest of the population, yet, in rich countries, government intervention prevented a massive rise in poverty, this was not the case in poor countries.
Found on CNN 2 years ago
The work that we've been doing really shows that, in fact, these claims -- or this idea of trickle-down economics -- does not pass the scrutiny of data, key lessons from the past 40 years of data is that the cuts in top tax rates have not triggered prosperity for all, as they were supposed to trigger.
Found on CNN 2 years ago
Average incomes have been increasing faster in China, in India, in Brazil, in the emerging world than in Europe and than in the USA, because of this effect, you have a reduction of global inequalities between those who live in China and those who live in other parts of the world.
Found on CNN 2 years ago
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