When a government is trying to lift its citizens out of poverty, a big part of its plan is usually focused on economic growth. But according to Achim Steiner of the UN Development Programme, addressing global poverty is about more than just growth.
Achim Steiner leads the UN's Global Development Programme, where he works with governments to help lift their citizens out of poverty. Among the most notable countries tackling extreme poverty are China and India. Watch the video to learn what he thinks countries are doing well in their development, and what still needs to be done moving forward.
Bernie Sanders released his tax returns – and it turns out he made more than a million dollars in both 2016 and 2017. We dug through the 2020 presidential candidate's IRS filings to see how Bernie and his wife Jane make their money- mostly from book deals and the senator's salary. Watch the video to see how a democratic socialist known for slamming the rich became a millionaire.
Raising a kid in America is expensive. The cost of child care has nearly tripled since 1990, more than the overall rate of inflation. Watch the video to learn the history of child care in America and how rising costs are impacting families today.
Child care costs vary from state to state, even county to county. But there is one common thread across the country – it's really expensive. Both parents and child care providers are struggling to make ends meet with the rising cost of child care.
The U.S. has roughly $1.57 trillion in student debt — the U.S. government holds more than 90 percent of it. Some Democrats want to make that, or at least a large portion of it, disappear. But is it a good idea?
The U.S. has roughly $1.57 trillion in student debt. Some Democrats want to make that, or at least a large portion of it, disappear. The idea of canceling student debt has been gaining steam with 2020 candidates vying for the votes of young college-educated Americans. But what would it actually take to erase a big chunk of government-held student debt, and is it really a good idea? Watch the video to hear what experts and students think about plans to forgive student debt.
Paul Krugman says Universal Basic Income would either cost more than what is politically possible at the moment, or the amount of money people would receive would be inadequate. The Nobel Prize-winning economist says the U.S. should focus more on targeted programs that "focus on people with real needs" as an alternative, like universal healthcare and child care support. He also discusses redistribution and geographic income inequality.
Economist Paul Krugman says the real reason the U.S. should be worried about income inequality has nothing to do with GDP, but everything to do with the well being of its citizens. Although they are not at the 70 percent top rate Alexandria Ocasio-Cortez would like, Krugman argues that taxes in New York City show that high rates aren't really deterring work right now.
Economist Paul Krugman says that the next recession will be caused by numerous factors. The Nobel Prize winner says the bond market is indicating that there is "a pretty good chance of a recession sometime in the next year or so." He also reviews how the economy has faired under President Trump, and how unionization in the U.S. compares to the labor force in European countries.