Down redistribution of riches supercharges economic situations. Cenk Uygur, host of The Young Turks, breaks it down. Inform us exactly what you believe in the comment area below.
" High taxes, strong unions and also an equivalent distribution of wide range.
That's the dish for success in a globalized globe, according to Magdalena Andersson, the Social Autonomous economist who's likewise Sweden's financing preacher.
The 50-year-old has been elevating taxes and investing extra on well-being given that winning power in 2014. She's additionally looked after a financial boom, with Swedish growth rates covering 4 percent early in 2014, that has actually turned budget deficits right into surpluses.
In a globe still flinching from the monetary situation that hit a decade back as well as the populist wave that followed, Sweden's economic stewardship holds lessons that test the conventional wisdom in the U.S. on exactly how tax obligations work, according to the Harvard-educated priest. Talking in a meeting in Stockholm, Andersson says success comes down to "three things: It's the works, it's our welfare as well as it's our redistribution."" *.
Read more below:.
Hosts: Cenk Uygur.
Cast: Cenk Uygur.
The Largest Online Information Program in the World. Organized by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET.
Sign up for The Young Turks on YouTube:.
Like The Young Turks on Facebook:.
Follow The Young Turks on Twitter:.
Acquire TYT Merch:.
Download and install audio and also video clip of the complete two hr show on-demand + the members-only article game show by ending up being a member at. Your membership sustains the day to day operations and also is essential for our continued success and growth.
Young Turk (n), 1. Young progressive or anarchical participant of an organization, activity, or political party. 2. A young person that rebels versus authority or societal expectations.( American Heritage Dictionary).