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La generación sin hijos, ni casa, ni crédito, ni futuro | Esteban Vivar | TEDxESPE
TEDx Talks· 2025-12-12 16:49
Socioeconomic Challenges - The presentation addresses the broken promises to younger generations regarding financial stability and homeownership, leading to widespread uncertainty [3][4][5] - Real estate values have increased significantly (e.g., houses from $100,000 to $500,000, apartments from $30,000 to $100,000), while salaries have not kept pace, making housing unaffordable [7][8] - In Quito and Guayaquil, the average salary can afford less than 1 square meter of property, highlighting the difficulty of purchasing homes [10] - Only 11% of individuals under 35 in Latin America can access mortgage loans, limiting homeownership opportunities [15] - The cost of raising a child from 0 to 18 years is estimated between $150,000 to $300,000, making parenthood a high-risk decision [17] Demographic Shifts - Ecuador's population is aging, with a projected shift in 2050 towards a larger older population and a smaller younger base, impacting social security [19][20] - The fertility rate in Latin America in 2023 was 69% lower than in 1960, indicating a significant decline in the number of children per family [21] - 72% of millennials prefer having pets over children, reflecting changing priorities and economic realities [22] Labor Market Dynamics - 43% of young people in Latin America work in the informal sector, lacking job security and access to credit [28] - The rise of artificial intelligence poses a threat to white-collar jobs, potentially increasing unemployment [24][25][26] Generational Wealth and Social Issues - Millennials have 20% less wealth than boomers, partly due to the dilution of inherited wealth [30][31] - One in four young people in Latin America reports symptoms of anxiety and depression, linked to societal failures and economic pressures [35] Call to Action - The presentation emphasizes the need for collective action to rewrite the social contract and create a more equitable world for future generations [40][41][42]
Hiltzik: Corporate tax breaks are exploding the federal deficit. Guess who profits from that
Yahoo Finance· 2025-10-15 10:00
分组1 - The 2017 corporate tax cuts have not resulted in significant long-term economic growth, and the measure has failed to pay for itself, leading to increased federal deficits [1][3] - The Tax Cuts and Jobs Act of 2017 reduced the corporate tax rate from 35% to 21%, resulting in a revenue loss of approximately $188 billion for the federal government in the previous year [2] - The Congressional Budget Office estimates that the recent corporate tax cut will increase the federal deficit by $77 billion this year [3] 分组2 - The benefits of the 2017 tax cuts have primarily flowed to the wealthy, with 56% of the gains going to company owners, 12% to executives, and 32% to high-paid workers, while low-paid workers received none [7] - The budget bill signed by Trump includes provisions allowing businesses to fully expense depreciable assets and research and development spending, which could lead to tax breaks of about $148 billion for companies in the S&P 500 [8][9] - Companies like AT&T and T-Mobile have projected significant tax savings from the budget bill, with AT&T expecting $6.5 billion to $8 billion in tax cuts over several years [9][10] 分组3 - Lockheed Martin anticipates tax benefits of $400 million to $600 million from the budget bill, while simultaneously increasing its stock dividend and authorizing $2 billion in stock buybacks [11] - The average effective corporate tax rate for large companies in the U.S. was just 16% in 2022, indicating that the U.S. collects less corporate tax revenue relative to its economy compared to other wealthy countries [13][14] - The distribution of economic benefits from tax cuts raises questions about who truly benefits, with corporations and their executives often gaining the most, while millions of Americans may struggle with healthcare affordability [15]
'We Are Witnessing The Rise Of Two Americas,' Says Bernie Sanders. 'One For The Billionaire Class And One For Everyone Else'
Yahoo Finance· 2025-09-28 14:31
Economic Inequality - The growing economic inequality in the U.S. is highlighted, with a distinction between the billionaire class and the average working population [1][2] - The disparity is characterized as a "rise of two Americas," where billionaires are experiencing significant wealth gains while ordinary Americans face financial hardships [2] Wealth of Billionaires - Billionaires such as Elon Musk, Jeff Bezos, Mark Zuckerberg, and Larry Ellison have seen historic wealth increases, with Musk gaining over $180 billion since the last presidential election [3] - Musk's wealth surpasses that of the bottom 52% of American households, illustrating the extreme concentration of wealth [3] Worker Struggles - Despite increased worker productivity, real weekly wages for the average American worker are lower than they were over 52 years ago, indicating a decline in purchasing power [4] - Many Americans are struggling to afford basic necessities like rent, healthcare, food, and childcare [4] CEO Compensation - A report from the Institute for Policy Studies reveals that CEOs at the 100 largest low-wage corporations earn an average of 632 times more than their median employees [5] - Specific examples include Starbucks, where the CEO's compensation ratio to the median worker is 6,666 to 1, and Carrier Global, where the CEO earned $65.7 million compared to an average worker's salary of $51,001 [5][6] - Coca-Cola's CEO compensation also shows a stark contrast, with $28 million for the CEO versus $14,144 for the median employee [6] Systemic Issues - The significant gap between CEO compensation and worker pay is presented as evidence of a broken economic system [7]
The importance of an honest narrative of British history | Dyar Hussain | TEDxBrighton
TEDx Talks· 2025-07-02 16:38
Historical Context & Societal Division - Britain experienced divisions in the 1970s, including anti-immigrant sentiment, rising unemployment, and a mid-decade recession, creating an environment for far-right political parties and racist violence [4] - Economic hardship correlates with increased anti-immigrant sentiment and spikes in racist violence, leading to repetitive cycles of societal issues [7] - Racial violence in the UK is not merely individual acts of hatred but reflects the ongoing impact of a fallen empire on the sense of belonging [12] Social Movements & Identity - South Asian communities mobilized against racial violence following the murders of Gurib Singh Chagar and Alab Ali [5] - Asian youth movements were inspired by black power and civil rights movements, challenging racism in institutions like the police, schools, and legal system [9][10] - These movements fought for a sense of belonging, which was not and still isn't shared with them [13] Recommendations & Future Outlook - Redefining Britishness is necessary, incorporating the historical impact of the British Empire beyond its borders [13] - Confronting the history of domination by the British Empire and sharing a sense of belonging are crucial for breaking the cycle of division [14][16] - Educating the miseducated and challenging the institutions that perpetuate division are essential steps towards a more hopeful future [16]