It is a truism that in every economy there will be rich, poor, and a lot of people in between. It's fact of economics; not EVERYONE can all be wealthy. That's an utopia, and utopias (aka socialistic economies) always devolve to the lowest common denominator. In this episode, we explore the fiscal theories the current administration wishes to advance while ignoring past mistakes. Lance reviews the data and reveals why the most recent--and the expected additional stimulus will not solve the problem of poverty in America. Hosted by Chief Investment Strategist Lance Roberts, CIO _________ Articles mentioned in this show: Technically Speaking: Bulls Run As Liquidity Floods Market: https://realinvestmentadvice.com/technically-speaking-bulls-run-as-liquidity-floods-market/ Biden’s Stimulus Will Cut Poverty By 40% – For One Year: https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ _________ ➢ Sign up for the Newsletter: https://realinvestmentadvice.com/newsletter/ ➢ Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757 ➢ Sign Up for RIA Pro. Analysis, Research, Portfolio Models, and More. Try Our 30 Day Free Trial: https://riapro.net/home ➢ Subscribe to our Youtube Channel: www.youtube.com/c/TheRealInvestmentShow _________ ➢ Financial + Tax Planning Survival Guides (Free Download): Your must-have finance and tax planning strategies in unprecedented times: https://realinvestmentadvice.com/financial-survival-guides/ _________ Upcoming Events: ➢ 4/10/21 8am: Candid Coffee - Financial Spring Cleaning A live webinar where we answer YOUR questions about money, retirement, risk-management, and how to protect your household against financial vulnerability. Register here: https://attendee.gotowebinar.com/rt/8951325785758668555?source=YouTube -------- GET IN TOUCH: Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN SOCIALS: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stimulus #Covid19 #LanceRoberts |
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