the iea says the move to greener energy would also create millions ofjobs and pay for itself but to date investment has been going the other way. richard brooks is an expert in climate finance. since the paris agreement was signed five years since the paris agreement was signed five years ago nearly six years ago now, five years ago nearly six years ago now. nearly five years ago nearly six years ago now, nearly $3.8 trillion have gone into fossii now, nearly $3.8 trillion have gone into fossil fuel companies. that s coal, into fossil fuel companies. that s coal. oil into fossil fuel companies. that s coal, oiland into fossil fuel companies. that s coal, oil and gas companies from ust coal, oil and gas companies from just 60 coal, oil and gas companies from just 60 banks. clearly the money is flowing just 60 banks. clearly the money is flowing in just 60 banks. clearly the money is flowing in the wrong direction. we need flowing in the wrong direction. we need to f
clearly are, if you take the zeros away from the trillions and put it into numbers that we relate to, 1,000, think about this year. the president wants to spend $68,000 a year, yet they only the person would only make $38,000 a year. but they would have $290,000 on their credit card. guess what? that credit card is capped out and they re wanting an additional 30 to $50,000 of a credit increase. no bank in america would do that and that s exactly where our country s fiscal house is right now, with $6.8 trillion of spending this year by biden but we re only getting 3.8 trillion in. one of the largest deficits in the history of the united states, this year, $3 trillion. eric: that is a great way to look at a it. you max out your credit card, just get another one, you max that out, just get another one, you max that out, just get another one and no one is telling you no, you can t get
for not having a plan on how to pay for medicare for all and she s been dodging one particular question of whether middle class taxes would go up under medicare for all. and she is now attempting to answer that question with a resounding no. she says we don t need to raise taxes on the middle class by one penny to finance medicare for all. so if we want to just talk over the numbers here, the price tag that she is putting on medicare for all in new federal spending over ten years is $20.5 trillion. and you see there a list of different ways in which she hopes to get to that $20.5 trillion, including employers continuing to contribute. that makes up for about half of the total. and then there s a lot of cracking down on tax evasion and fraud. and as she has done throughout the year as a presidential candidate, going after the big corporations and the financial sector. you see there that she says around $3.8 trillion would come from that.
this. that the markets wanted more. talking about what the markets wanted to hear and didn t hear. the president advocating for the markets. stocks fell after powell hinted this rate cut was a one off. the dow closed down 333 the dow is up a lot this year, and it s about 35% since the fed took office. and the fed also stopped this so-called runoff of it s huge $3.8 trillion balance sheet. that s big too and also something the president wanted. thank you for keeping an eye on all these fluctuations for us. meanwhile black voters support vice president biden over his competitors by a wide margin, so how crucial is their vote exactly?
information how to do the same thing, americans are living paycheck to paycheck, $3.8 trillion total debt, that is what people are dealing with. specifically some tips, set goals, something you want to talk about. a lot of us you have to know your why, the underlying issue of why you are setting goals, why do you want to save money, it illustrated me a few years ago, we took them to disney world it was so magical and now anytime i want to buy something new i take a look at that picture and think i want to take my future grandchildren there as many times as i want, that is why i am saving for retirement and putting money aside instead of buying a car or justify my car is over 15 years old and haven t had a car payment in 13 years.