Stay updated with breaking news from Business cycles. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chambers room in city hall is closed. Public comment will be available on each item on the agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comment period are available via phone by calling 4084189388. Again. Thats 4084189388. The i. D. Is 1462655364, then press pound, and pound again. When connected, you will hear the meeting discussion, but youll be muted and in listening mode only. When your item comes up, dial starthree to be added to the speaker line. Best practice is to call from a quiet location, speak slowly and clearly, and turn down your television or radio. Alternatively, you may contact us in the following ways. Email me at victor. Young sf. Gov. Finally, items on todays agenda will be acted upon on the board of supervisors agenda on july 14 unless otherwise stated. I believe youre m ....
To discuss this and more im joined by my guest Richard Wolffe in new york he is a Professor Emeritus of economics at the university of massachusetts amherst as well as the author of the recent books understanding socialism and understanding marxism and in chicago or which he has a chief marketing strategist bubba trading all right gentleman rules in effect that means you can jump in time while i was appreciate todd let me go to you as you just heard in my introduction you know that we have an ongoing deep recession i think as of this morning the i. M. F. Came out with their global projections and a contraction of about 5 percent globally the u. S. Doesnt do much better the industrialized world is more or less in the same position but at the same time as i said you know we how the wealthiest among us. Keeping in enormous revenues and profits here and the unemployment depen ....
Position but at the same time as they say you know we how the wealthiest among us reaping in enormous revenues and profits here and the unemployment depending on who you want to look at it from 13 maybe 17 percent and thats not going to go away any time soon so whats really happening with the the economy or its a recession deep recession for many and its a goldilocks time for some. I think when you look at the overall picture and i mean this is if you go back of the origination of the Federal Reserve i think this is kind of their plan all along this is part of the rolls largest legalized. They can do has allowed the rich to get richer as times get tougher you know for years theyve had access to this cash and capital to borrow its only recently that the average guy can actually browse for my to get in so they threw a fry and bad conditions and actually. Always built well under the toughest conditions because they have the access t ....
A goldilocks time for some. I think when you look at the overall picture and this is if you go back to the origination of the Federal Reserve i think this is kind of their plan all along this is part of the Worlds Largest legalized. They can do has allowed the rich to get richer as times get tougher you know for years theyve had access to this cash and capital to borrow its only recently that the average guy can actually brought some money to get in so they threw a fry and bad conditions and actually ive always built well under the toughest conditions because they have the access the capital and others dont they have the ways they get the money others dont so their businesses are allowed to thrive well everybody else is out of business you come by where i am in chicago and almost every Small Business is going to be out ....