Almost Daily Grant’s "Almost Daily" is the end-of-day delectation from Grant’s. ADG tells you what happened. It speculates on what may happen and tracks and develops Grant’s themes. Look for it after the New York close of trading-almost daily.
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No Child Left Behind was never paid for, Medicare Part D was designed to profit the drug companies and never paid for, $6+ Billion goes from the USPS to the government $5 Billion is to pay medical and retirement 75 years in the future but nothing like it is done to cover the lifetime insurance subsidies for present and former members of.
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Within that top 20 percent, well over half the benefits have gone to the top 5 percent, and over half those top 5 percent benefits have gone to the top 1 percent. steve wamhoff, one of the Institute on Taxation and Economic and Policy researchers, has another interesting frame on the numbers.
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‘The credit fuse has been lit’: Australia is heading for an economic crisis after new rules make it much easier for people to get massive mortgages, experts warn