I am genuinely asking; is there something I’m missing here? Is there any good faith argument to be had for a third (and rising) of the money to sit with 1% of the country?
If the value of the product peoples labor produces goes up the value of their labor should go up too. The prices of the products have certainly gone up but people wages haven’t kept pace with prices so we can’t afford what we once could. Stagflation. GDP has gone up. Reagan cut taxes for the rich and there was no longer an incentive to pay people higher wages to keep taxes down. Wage earners have lost ground ever since. Now Trump cuts the riches taxes to 15% and we need the little people to pay even more to keep the country going even with all the cuts in government spending so we get to pay tariffs because we don’t realize those are taxes and the little people are in deep shit and Trump and Elon and Putin and the rest of the rich hide in their bunkers and sail on their yachts and wait for the population to reduce itself. I think that’s about what they have planned.
If he wants credit… and you want to give him credit… you’ll have to make the case for why it will work instead of just pretending like trade wars don’t hurt everyone.
He hasn’t made the case. He’s just telling everyone to trust him, as if any sane person would trust him.
He has bankrupted businesses (including a MF casino) many times and he’s a known liar, felon, and nepo-baby who people suspect is functionally illiterate.
So… what’s the case?
Why should anyone give him credit for the economy when the first time he was president it got shut down because of his botched (an understatement) pandemic response and now he is destroying the economy again as evidenced by literally every measure.
Brie, the issue is that wealth builds wealth. If you start with money it grows and grows because your family invested in real estate and the stock market and successful business ventures. This is the same economic concept at the heart of institutional racism. Most descendants of slaves, who didn’t have money or opportunity or even the ability to buy property until recent times, can never catch up with the rest of us, even if we didn’t grow up rich. We grew up with privilege and access to great educations and connections to jobs, etc.
Fair enough... I apologize if I caused any offense, it was not my intention. What I'm noticing is this pattern to declare any thought that conflicts with your worldview as nonsense, and it's hard to find common ground that way.
With all possible respect, I also think you're doing yourself a disservice. You and Donna are both correct, as is happens; I wonder if you'd be willing to allow for the possibility that yours may not be the only correct view.
You are American just like me and (I assume) Donna; you're entitled to your opinion. Gotta circle back to my previous question, though; can two things be true at the same time? I ask again because I noticed that, in your allergic reaction to the "lens of identity politics", you missed the chief point...
For regular people, yes, it is correct that hard work and merit gives you a fighting chance of making it big. This is available to anybody, constitutionally, and we've seen examples across democraphics. It's also true that certain America has a class of citizens with dynasties of wealth that have been up there for generations; Walton. Koch. DuPont. Mars. And in 30 years.. Gates. Bezos. Musk. There are at least 2 generations of Waltons on the Forbes 400 if I'm not mistaken... The bigger the piece of pie they just sit on up there, the harder we have to fight and the slimmer our chances.
For you, good Sir, the question is your goal, ultimately... Outright dismissal of an opposing view just makes you another person complaining on the internet; But I've seen you be nice and I've seen you be fair, and it's much more effective.
Food for thought, take or leave it, I'm nobody special 🤷
If the value of the product peoples labor produces goes up the value of their labor should go up too. The prices of the products have certainly gone up but people wages haven’t kept pace with prices so we can’t afford what we once could. Stagflation. GDP has gone up. Reagan cut taxes for the rich and there was no longer an incentive to pay people higher wages to keep taxes down. Wage earners have lost ground ever since. Now Trump cuts the riches taxes to 15% and we need the little people to pay even more to keep the country going even with all the cuts in government spending so we get to pay tariffs because we don’t realize those are taxes and the little people are in deep shit and Trump and Elon and Putin and the rest of the rich hide in their bunkers and sail on their yachts and wait for the population to reduce itself. I think that’s about what they have planned.
If he wants credit… and you want to give him credit… you’ll have to make the case for why it will work instead of just pretending like trade wars don’t hurt everyone.
He hasn’t made the case. He’s just telling everyone to trust him, as if any sane person would trust him.
He has bankrupted businesses (including a MF casino) many times and he’s a known liar, felon, and nepo-baby who people suspect is functionally illiterate.
So… what’s the case?
Why should anyone give him credit for the economy when the first time he was president it got shut down because of his botched (an understatement) pandemic response and now he is destroying the economy again as evidenced by literally every measure.
You're not wrong. This is heinous.
Brie, the issue is that wealth builds wealth. If you start with money it grows and grows because your family invested in real estate and the stock market and successful business ventures. This is the same economic concept at the heart of institutional racism. Most descendants of slaves, who didn’t have money or opportunity or even the ability to buy property until recent times, can never catch up with the rest of us, even if we didn’t grow up rich. We grew up with privilege and access to great educations and connections to jobs, etc.
George, I'll be honest, sometimes I wonder if you're a bot.
Fair enough... I apologize if I caused any offense, it was not my intention. What I'm noticing is this pattern to declare any thought that conflicts with your worldview as nonsense, and it's hard to find common ground that way.
With all possible respect, I also think you're doing yourself a disservice. You and Donna are both correct, as is happens; I wonder if you'd be willing to allow for the possibility that yours may not be the only correct view.
You are American just like me and (I assume) Donna; you're entitled to your opinion. Gotta circle back to my previous question, though; can two things be true at the same time? I ask again because I noticed that, in your allergic reaction to the "lens of identity politics", you missed the chief point...
For regular people, yes, it is correct that hard work and merit gives you a fighting chance of making it big. This is available to anybody, constitutionally, and we've seen examples across democraphics. It's also true that certain America has a class of citizens with dynasties of wealth that have been up there for generations; Walton. Koch. DuPont. Mars. And in 30 years.. Gates. Bezos. Musk. There are at least 2 generations of Waltons on the Forbes 400 if I'm not mistaken... The bigger the piece of pie they just sit on up there, the harder we have to fight and the slimmer our chances.
For you, good Sir, the question is your goal, ultimately... Outright dismissal of an opposing view just makes you another person complaining on the internet; But I've seen you be nice and I've seen you be fair, and it's much more effective.
Food for thought, take or leave it, I'm nobody special 🤷