Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 09-20-2018, 02:08 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053

Advertisements

Quote:
Originally Posted by Metsfan53 View Post
how much of that went to the 1/.1% vs middle class America?
IDK

I checked my account and it looks like I got most of it, again.

I'm still looking for a place to buy in on the DOW though. Maybe I should buy at the high but the experts say not to do that. Humm…
I've missed out on a 1,000 point gain from the time I got out last spring. I might be doing something wrong. Humm…..

 
Old 09-20-2018, 02:14 PM
 
3,992 posts, read 2,456,439 times
Reputation: 2350
Quote:
Originally Posted by phma View Post
IDK

I checked my account and it looks like I got most of it again.
figured you'd skirt the issue since it weakens your point...but enjoyed the glib response....so glad we gave our children and grandchildren 2 Trillion of debt so the Waltons and Kochs could enjoy the benefits of increased share prices from buybacks....
 
Old 09-20-2018, 02:16 PM
 
Location: Long Island
57,232 posts, read 26,172,300 times
Reputation: 15621
All indicators, unemployment level, corporate profits look great but middle class wages continue to stagnate. 2017 deficit $600B, 2018 over $800B and 2019 will exceed $1T. That should be a red flag in a hot economy like this, imagine what the deficit will look like when things go south.
 
Old 09-20-2018, 02:32 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by Goodnight View Post
All indicators, unemployment level, corporate profits look great but middle class wages continue to stagnate. 2017 deficit $600B, 2018 over $800B and 2019 will exceed $1T. That should be a red flag in a hot economy like this, imagine what the deficit will look like when things go south.
If one looks at it from the perspective of the open border globalist or multi national company its a much different story.

The explosive growth of China’s emerging middle class has brought sweeping economic change and social transformation—and it’s not over yet. By 2022, our research suggests, more than 75 percent of China’s urban consumers will earn 60,000 to 229,000 renminbi ($9,000 to $34,000) a year.

All we have to do to support the worlds middleclass is the same thing we have been doing for years.
What a mean guy Trump is for suggesting we put America first. That's what the anti-Trumpers want, the same thing that has benefited the one percent here and China's middleclass.

The Dems want to represent the rest of the world with their policies. Not the American citizens that elect them. They admit it too. If they can just get to the US we will give them free abortions, healthcare, education, housing, food, etc...……. They can rape, rob, and murder and we will give them sanctuary to do it. The taxpayer will pay for it all. Why be middleclass when you can be the protected class ?

https://www.mckinsey.com/industries/...s-middle-class

Last edited by phma; 09-20-2018 at 02:44 PM..
 
Old 09-20-2018, 02:36 PM
 
3,992 posts, read 2,456,439 times
Reputation: 2350
Quote:
Originally Posted by phma View Post
If one looks at it from the perspective of the open border globalist or multi national company its a much different story.

The explosive growth of China’s emerging middle class has brought sweeping economic change and social transformation—and it’s not over yet. By 2022, our research suggests, more than 75 percent of China’s urban consumers will earn 60,000 to 229,000 renminbi ($9,000 to $34,000) a year.

All we have to do to support the worlds middleclass is the same thing we have been doing for years.
What a mean guy Trump is for suggesting we put America first. That's what the anti-Trumpers want, the same thing that has benefited the one percent here and China's middleclass.

https://www.mckinsey.com/industries/...s-middle-class
so corporate tax cuts are Trumps effort to stick it to the Chinese middle class?
 
Old 09-20-2018, 02:45 PM
 
Location: USA
18,489 posts, read 9,151,071 times
Reputation: 8522
Quote:
Originally Posted by phma View Post
Sorry Dems !!! Armageddon has seldom looked so good.

Jobless claims at 49 year low.

DOW--New high !!!

http://www.marketwatch.com/story/dow...dist=bigcharts

The Dow Jones Industrial Average just marked its first intraday all-time high since January, the resumption of a record run for the blue-chip index that had taken a nearly eight-month pause.

http://www.marketwatch.com/story/hou...dist=bigcharts

Household net worth climbs by $2.19 trillion, driven by stock market, house prices
Paper wealth and low-wage McJobs are not prosperity.
 
Old 09-20-2018, 02:49 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by Freak80 View Post
Paper wealth and low-wage McJobs are not prosperity.
The people in Venezuela would disagree.
They would love to have a job, any job. They could then increase there paper wealth by buying toilet paper.
What a lovely system. I suppose we should be more like them.
 
Old 09-20-2018, 02:56 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by Metsfan53 View Post
so corporate tax cuts are Trumps effort to stick it to the Chinese middle class?
You are suggesting that Trump is done making economic policy. If we can get the Dems out of office and stop their obstructing he will surely do more. That's generally the way it works. One step at a time and making the necessary corrections along the way. Its not like instant coffee.
 
Old 09-20-2018, 02:57 PM
 
3,992 posts, read 2,456,439 times
Reputation: 2350
Quote:
Originally Posted by phma View Post
You are suggesting that Trump is done making economic policy. If we can get the Dems out of office and stop their obstructing he will surely do more. That's generally the way it works. One step at a time and making the necessary corrections along the way.

so basically your post addressed nothing and you're just throwing stuff out left and right.
 
Old 09-20-2018, 03:21 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by Metsfan53 View Post
so basically your post addressed nothing and you're just throwing stuff out left and right.
How is throwing out stuff left and right working out for you ?
If the democrats had the answer the middleclass would not have lost their status as the largest class 7 years into the last Dem admin.

http://prospect.org/article/democrat...oblem%E2%80%99

The Democrats don’t have a “white working-class problem.” They have a “working-class problem,” which progressives have been reluctant to address honestly or boldly. The fact is that Democrats have lost support with all working-class voters across the electorate, including the Rising American Electorate of minorities, unmarried women, and millennials. This decline contributed mightily to the Democrats’ losses in the states and Congress and to the election of Donald Trump.

The core problem is President Obama’s handling of the economy.

Last edited by phma; 09-20-2018 at 03:32 PM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 05:37 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top