Absolute Wealth Publishes Latest The Good, the Bad, and the Gorrie Video on Welfare Payments

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Absolute Wealth’s Managing Editor James R. Gorrie has released the newest edition of The Good, the Bad, and the Gorrie video series.

Absolute Wealth and the Independent Wealth Alliance

“The Good, the Bad, and the Gorrie” is a reoccurring series appearing on Absolute Wealth’s YouTube page .

Continuing their goal of providing the highest quality economic and investment information in the industry, Absolute Wealth has published the latest version of The Good, the Bad, and the Gorrie video series.

In the video, Managing Editor at Absolute Wealth James R. Gorrie shares some good economic news, shines light on some bad economic news, and then shares his ideas on what should be made of it.

“On CNN.com,” Gorrie said in the video, “they’ve just announced that welfare payments are actually less than half than what they were in 1996, during the Clinton years. So obviously, that means things are great, right?”

Perhaps not, Gorrie said, because those numbers are based on public spending and cash transfers on welfare. “The bad news is that welfare payments have really expanded tremendously.”

What is behind CNN’s claim of the improved welfare situation? How were they able to spin such a tale of good news? Where is the money really going, and how is it being spent?

Watch the rest of the video for the answers, and check out The Gorrie Details daily Editorial Column that appears every morning on Absolute Wealth’s website.

“The Good, the Bad, and the Gorrie” is a reoccurring series appearing on Absolute Wealth’s YouTube page (viewers can search for the AWPublishers channel) and featured on facebook.com/AbsoluteWealth.

Comments and opinion sharing is encouraged through all of Absolute Wealth’s social media outlets, including their Facebook, YouTube, and Twitter pages. Whether they agree with the content or not, Absolute Wealth knows that thoughtful and insightful comments always add to the conversation.

James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.

Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.

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