…In a New York Times video op-ed that decries “fake news” and calls for “a more truthful approach” to “the ‘MYTH’ of America as the greatest nation on earth”, Times producers Taige Jensen and Nayeema Raza claim that the U.S. has “fallen well behind Europe” in many respects and has “more in common with ‘developing countries’ than we’d like to admit.” Is that true? A groundbreaking study by JustFacts.com has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and Food Stamps—the poorest 20% of Americans consume more goods and services than the national averages of the most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development (OECD), including its European members. In other words, if the U.S. “poor” were a nation, it would be one of the world’s richest. We’ve got that report for you today and then Medicare expert Shelley Grandidge joins us. A very interesting show you don’t want to miss….MASTERING MONEY is on the air!!
Mastering Money 11/10/21
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