Winnie Byanyima Quotes
Extreme inequality is no temporary blip. It is hard-wired into our economies.
Byanyima, Winnie. Foreword. Reward Work, Not Wealth, by Oxfam, Oxfam International, 22 Jan. 2018, p. 2.
The crisis of inequality of income and wealth has occurred seven times in American history.
This was one of his great fundamental questions of mankind which his research began to answer.
Abrams originated this famous phrase which many have been used subsequently for various “socialized” government benefits that were available to the rich but not the poor. He was referring to the fact that at the time, the government provided housing assistance to the rich by having federally insured mortgages and granting tax deductions for the interest in home mortgages, but there was no assistance to the poor who could only afford to rent and had no tax deductions nor was there any federal public housing assistance. During the Great Recession the phrase was often used when the government gave bail out money to General Motors and the largest banks who were close to bankruptcy, but the landscaping gardener or the hot dog vendor whose business was falling because of the recession were told that is the capitalist system—there are some winners and some losers. The government officials who advocated the bailout did not disagree about the fairness and appropriateness of the Abrams phrase but if they had not bailed the banks out, the entire economic system of the country would probably have collapsed and the ensuing depression would hurt the average worker and the poor even more. Related to the recent “too big to fail” concept.
Winifred Byanyima, is a Ugandan aeronautical engineer, politician, and diplomat. She is the executive director of UNAIDS, effective November 2019.
