TagOECD

AOC Effect: 70% Complain That Rich Don't Pay Fair Share

alexandria ocasio-cortez, aoc

Progressive rising star Alexandria Ocasio-Cortez isn't alone in her belief that the rich don't pay their fair share, as a new OECD report has established that nearly 70% of people living in developed countries support hiking taxes on the wealthy to reduce income inequality. The OECD study polled respondents in 21 countries around the world including the U.S., Mexico, Finland, and Germany...

Dow is Sinking Red After Brutal OECD Forecast Slashes Global Growth

Dow OECD

The Dow Jones Industrial Average looks set to open in the red today as the OECD issued a huge shock to the markets. The think tank has dramatically slashed its global outlook, blaming the US-China trade war and Brexit for choking growth. It predicts that global economic growth will slow to just 3.3 percent in 2019, down from 3.5 percent. The downgrade is the second in three months from the OECD...