(Reuters) – Ray Dalio, founder of Bridgewater Associates, wrote on Twitter on Sunday that the United States is still in a “terrible state of finances” and that they are still “terribly divided”, but said he liked the heard from President Joe Biden for the first time.
The hedge fund billionaire wrote that the question is whether the president and the two parties in Congress will work together “for peace and prosperity that addresses the great wealth, values, and gaps of opportunity that we are creating. see now. ”
Dalio has criticized here a widening wealth gap and underinvestment in public education in the United States, which is linked to lower high school graduation rates, more disparities in test scores, and lower teacher pay.
Reporting by Kanishka Singh in Bengaluru; Edited by Daniel Wallis