Trump at 500 days plus
- Thread starter Walter
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Seven Data Points That Show President Trump's Economy is Booming
https://townhall.com/tipsheet/katie...-that-show-trumps-economy-is-booming-n2507254
MAGA
https://townhall.com/tipsheet/katie...-that-show-trumps-economy-is-booming-n2507254
MAGA
Except for wages. They are not keeping pace with inflation. And, more importantly, the growth of income goes only to the 1%. None to the middle class. After tax cuts big business brought home international profits they had been parking abroad and gave the money to the rich in stock buybacks. Lovely economy you got there. Two tiers in the usa: people who see the benefits and the vast majority who do not.
Bullshit.
U.S. Wage Growth in June Was 2018's Strongest So Far
https://www.fool.com/investing/2018/07/03/us-wage-growth-in-june-was-2018s-strongest-so-far.aspx
Think Progress:
Out of the over 1,500 companies from which Americans for Tax Fairness collected data, only 359 of them actually promised to increase wages for their employees. Of those that promised to bump wages, the majority only offered an increase up to $15 an hour in entry-level pay — which, by all accounts, should already be what companies pay entry-level employees in a tightening labor market.
Despite what Republicans in Washington have suggested, stock buybacks do absolutely nothing to help struggling middle America. Instead, they traditionally enrich both the company buying back shares and those who own corporate stock, which typically means the already-rich. The wealthiest*10 percent of American households own 84 percent of all shares, while the top 1 percent own 40 percent. Roughly one-half of American households don’t own stock at all.
The AFL-CIO’s annual*Executive PayWatch database, released in May, also revealed just how stark income inequality is among CEOs and their workers. On average, data showed, CEOs are paid 333 times more than an average employee at their company.
The disparity between CEO and worker pay is consistent with income inequality on a wider scale. While average worker wages have been stagnant for decades, the top 1 percent of U.S. income earners have “more than doubled their share of the nation’s income” since the 1970s,*the Institute for Policy Studies observed.
Has there ever been a society anywhere that did not have its one percent ? If you are one of a hundred and all of you have one cent but one lucky soul has two cents , that person is the one percent . Is that the society you envision?
Most pension funds are major holders of stock , including public sector unions , these plans require a return on investment to meet their commitments. As well many 401k and mutual funds invest heavily , it is not only ultra rich Scrooge McDucks sitting on a mountain of gold that own stock .
The one percent is currently getting all of the new growth in wealth. All of it. Meanwhile the wage earners are fighting inflation by not getting any wage increases. The wealthy benefit from low inflation. Don't you think they could share their bigger pie as it doubles in size? Health care for all, free college. Lots of ways to make things easier for those who work.
Really , no chief’s and medicine men getting the gravy , no slaves getting the dregs ?
Go out and look around . See all that wealth walking driving and cycling by . All of them with their designer clothes cell phones etc. Check out the suburbs look how wealthy everyone is , two big screens cars in the drive way . Go on man smell the roses.
We don't have to go back to before the enlightenment do we? I mean why stop at chiefs and slaves? Why not go back to when we were all equal?
Yes. The 1% and their friends get All the benefits of the wealth created. All of it. Why not share that with kids going to college. I mean Betsy Devos plays dumb very well but she knows exactly what she is doing allowing fraud universities to lure unsuspecting students into their fold, making it harder for them to hit the middle class. Talk about pulling up the ladder.
Corruption by another name.
Sounds like it when the same guy is whining about being under paid and inflation! WTF does he think cause inflation if it's not ever sky rocketing wages?
If you don't like what the "one percent" is getting, find out what they produce and boycott it, but FFS don't whine!
You mean like when we were one day old! :lol:
As I've pointed out a hundred times already, it doesn't matte how often or how much you increase wages, the ones at or near the bottom of the wage scale are always going to be poor. :lol:
And gutting the middle class? Why do republicans hate the middle class?
Used to be we all fought inflation with tight money policy in the 80s and 90s. Now just the wage earners fight inflation. And they are not hurt by inflation like the rich are. What did wage earners get in return? Bupkiss! They are owed a share of the growing wealth pie, good healthcare and affordable colleges and good public schools.*
I'm wondering why you want to go back to sometimes? Why does the GOP hate the enlightenment? Why are the very rich GOP afraid that their security teams will vacate their jobs when dystopian times arrive? Is that why you talk of slavery? Do the very rich GOP want to buy their security personnel?
And gutting the middle class? Why do republicans hate the middle class?
The Middle Class represents Democracy. I'm getting the impression from the "very right" posters on here that they have no commitment to real democracy, anymore. Neo-Feudalism is our future.
The Middle Class represents Democracy. I'm getting the impression from the "very right" posters on here that they have no commitment to real democracy, anymore. Neo-Feudalism is our future.
And why do rich republicans think their money will have value when the dystopian world arrives? That is so cute. They better fight climate change and educate the next generation who are going to solve the world's problems.