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Life Is Worse #shorts

May 27, 2023
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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you<00:00:00.900> can<00:00:01.079> definitely<00:00:01.319> have<00:00:01.439> a<00:00:01.620> situation

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you can definitely have a situation

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you can definitely have a situation where

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where

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where GDP<00:00:03.720> is<00:00:03.899> rising<00:00:04.200> and<00:00:04.319> people's<00:00:04.620> lives<00:00:04.860> are

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GDP is rising and people's lives are

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GDP is rising and people's lives are getting<00:00:05.040> worse<00:00:05.279> 100<00:00:05.759> you<00:00:06.299> can<00:00:06.420> have<00:00:06.540> that<00:00:06.660> and

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getting worse 100 you can have that and

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getting worse 100 you can have that and I<00:00:07.020> think<00:00:07.140> that<00:00:07.379> is<00:00:07.560> I<00:00:08.340> mean<00:00:08.460> GDP<00:00:09.059> now<00:00:09.240> is<00:00:09.480> much

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I think that is I mean GDP now is much

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I think that is I mean GDP now is much higher<00:00:10.080> than<00:00:10.139> it<00:00:10.260> was<00:00:10.380> 50<00:00:10.559> 60<00:00:10.800> years<00:00:11.040> ago<00:00:11.280> but

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higher than it was 50 60 years ago but

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higher than it was 50 60 years ago but in<00:00:12.179> many<00:00:12.360> ways<00:00:12.719> people's<00:00:13.200> lives<00:00:13.440> are<00:00:13.559> worse

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in many ways people's lives are worse

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in many ways people's lives are worse they<00:00:13.799> were<00:00:13.980> six<00:00:14.160> years<00:00:14.280> ago<00:00:14.400> they<00:00:14.580> work<00:00:14.759> longer

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they were six years ago they work longer

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they were six years ago they work longer hours

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hours

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hours they<00:00:16.800> have<00:00:17.400> much<00:00:17.640> less<00:00:17.820> Leisure<00:00:18.359> Time<00:00:18.480> in<00:00:19.020> many

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they have much less Leisure Time in many

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they have much less Leisure Time in many cases<00:00:19.380> they're<00:00:19.560> squeezed<00:00:19.980> into<00:00:20.039> smaller

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cases they're squeezed into smaller

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cases they're squeezed into smaller housing<00:00:20.820> they're<00:00:21.060> much<00:00:21.240> more<00:00:21.359> financially

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housing they're much more financially

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housing they're much more financially insecure<00:00:22.140> some<00:00:22.800> things<00:00:22.980> have<00:00:23.160> gone<00:00:23.400> better<00:00:23.580> of

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insecure some things have gone better of

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insecure some things have gone better of course<00:00:23.939> you<00:00:24.119> know<00:00:24.180> there's<00:00:24.359> been

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course you know there's been

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course you know there's been technological<00:00:24.840> advancements<00:00:25.320> you<00:00:25.619> know

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technological advancements you know

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technological advancements you know holidays<00:00:26.760> to<00:00:26.939> Asia<00:00:27.180> are<00:00:27.300> cheaper<00:00:27.720> and<00:00:27.779> a<00:00:27.900> lot

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holidays to Asia are cheaper and a lot

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holidays to Asia are cheaper and a lot of<00:00:28.140> white<00:00:28.619> goods<00:00:29.039> are<00:00:29.099> cheaper<00:00:29.460> you<00:00:29.640> know

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of white goods are cheaper you know

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of white goods are cheaper you know obviously<00:00:31.019> we<00:00:31.140> have<00:00:31.320> computing<00:00:31.740> power<00:00:31.859> we

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obviously we have computing power we

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obviously we have computing power we didn't<00:00:32.220> have<00:00:32.340> back<00:00:32.460> then<00:00:32.700> but<00:00:33.120> you<00:00:33.360> know<00:00:33.420> in

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didn't have back then but you know in

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didn't have back then but you know in terms<00:00:34.020> of<00:00:34.140> Financial<00:00:34.620> Security<00:00:35.040> you<00:00:36.000> know<00:00:36.120> I

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terms of Financial Security you know I

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terms of Financial Security you know I look<00:00:36.300> at<00:00:36.420> my<00:00:36.540> dad<00:00:36.719> with<00:00:37.079> no<00:00:37.680> Advanced

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look at my dad with no Advanced

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look at my dad with no Advanced education<00:00:38.820> and<00:00:39.239> you<00:00:39.420> know<00:00:40.020> God<00:00:40.320> bless<00:00:40.500> you<00:00:40.680> Dad

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education and you know God bless you Dad

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education and you know God bless you Dad no<00:00:41.160> particular<00:00:41.579> marketable<00:00:42.059> skills<00:00:42.540> he<00:00:43.079> was

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no particular marketable skills he was

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no particular marketable skills he was able<00:00:43.440> to<00:00:43.559> buy<00:00:43.800> a<00:00:43.980> house<00:00:44.160> and<00:00:44.520> raise<00:00:44.700> a<00:00:44.940> family

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able to buy a house and raise a family

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able to buy a house and raise a family you<00:00:45.719> know<00:00:45.780> nowadays<00:00:46.500> you<00:00:46.739> have<00:00:46.920> people

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you know nowadays you have people

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you know nowadays you have people who<00:00:48.360> are<00:00:48.480> homeless<00:00:48.840> doing<00:00:49.680> that<00:00:49.980> kind<00:00:50.100> of<00:00:50.280> job

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who are homeless doing that kind of job

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who are homeless doing that kind of job you<00:00:51.120> know<00:00:51.180> what<00:00:51.239> I<00:00:51.300> mean<00:00:51.480> you<00:00:51.840> know<00:00:51.960> so<00:00:52.079> I<00:00:52.260> think

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you know what I mean you know so I think

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you know what I mean you know so I think in<00:00:52.559> many<00:00:52.860> ways<00:00:53.039> life<00:00:53.219> has<00:00:53.340> gotten<00:00:53.520> worse