By Caden Bonoffski As the COVID-19 pandemic took its toll on every community across the United States, small businesses were disproportionately hurt. According to a survey conducted by both Harvard and Brown University, “estimates (accessed on January 20) point to 29.7 percent of small businesses closing from January 2020 to the end of December 2020 (SBE Council).” It is fairly agreed upon, that the wealthiest people in America were able to grow their wealth at a substantial rate throughout the pandemic. Estimates range all the way up to an additional 1.2 billion dollars made by elites throughout this past year (Forbes). Many proponents of closing the wealth gap within the United States advocate for raising the minimum wage, increasing taxes within wealthier communities, etc; and those continue to be ongoing conversations. In my personal opinion, we must look at those who represent our communities, specifically congress, and wonder if they truly have the average American’s best interest in mind.
This isn't something I was aware of. Unreal. Question: are you against stock trading by congresspeople, or in general? I wonder how the capitalist system would change if we had much tighter rules on investments (which have historically been shown to be nothing more useful than making more money from money).
A Conflict of Interest? Examining congressional trading in a pandemic
This isn't something I was aware of. Unreal. Question: are you against stock trading by congresspeople, or in general? I wonder how the capitalist system would change if we had much tighter rules on investments (which have historically been shown to be nothing more useful than making more money from money).