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Economic Update: Economic Extremes

Major discussions on income distribution vs. redistribution; Maryland cutting taxes on rich and leaving tipped workers’ minimum wages at $3.63 an hour; and a final segment on criticisms of capitalism; and more.

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Updates on labor struggles at the University of Southern Maine; how low interest rates hurt retirees; the super-rich getting state subsidies; Northwestern University athletes moving to unionization; the BBC on US unemployment; and Nestle’s CEO vs. human right to water. Major discussions on income distribution vs. redistribution; Maryland cutting taxes on rich and leaving tipped workers’ minimum wages at $3.63/hour; and a final segment on criticisms of capitalism. Response to listener’s questions on Bill Gates’ C-Span interview.

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