US Is Breaking Records We Don't Want To Break
A discussion on how record-breaking trade deficits, stimulus, and inflation are weighing on the economy.
Video Length: 00:03:51
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Time stamp 1:48: the problem is that people are getting the payments and making more money unemployed, than when they were employed.*
Wrong. Schiff is clearly out of touch. Unemployment payments ended months ago. And yet people are not flooding back into the job market. Instead they are suffering.
Yes and many people were not making more even before. He also said Americans have plenty of assets to rely on like equity in their owned homes, and stock portfolios. Does he not realize most Americans aren't as wealthy as him? What an obtuse elitist!