Why Stimulus Won't Cure Poverty [3/30/21]

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. - Chief Investment Strategist Lance Roberts, CIO -------- Articles Mentioned in this show: https://realinvestmentadvice.com/technically-speaking-bulls-run-as-liquidity-floods-market/ https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for the next Candid Coffee: https://attendee.gotowebinar.com/rt/8951325785758668555?source=YouTube -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stocks #Money #Investing