The Wealth Gap Shrinks

Discussion in 'Current Events' started by Bluesguy, Sep 29, 2020.

  1. sammy

    sammy Well-Known Member

    Joined:
    Aug 13, 2009
    Messages:
    3,733
    Likes Received:
    337
    Trophy Points:
    83
    Trump is amazing and Biden is a disaster when it comes to fixing the wealth gap.
    In fact over 47 years Biden helped create any wealth gaps that exist. Trump wasn't the one that created it, but he will fix it and only he will fix it.

    [​IMG]
     
    Last edited: Oct 4, 2020
  2. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

    Joined:
    Sep 13, 2008
    Messages:
    24,516
    Likes Received:
    15,746
    Trophy Points:
    113
    Lol...You do realize that everything that trump has ever touched has turned to ****, don't you?
    Don't be fooled by the lying demagoguery.
    http://theeconomiccollapseblog.com/...ericans-could-be-out-of-money-by-election-day

     
  3. Bluesguy

    Bluesguy Well-Known Member Donor

    Joined:
    Jun 13, 2010
    Messages:
    154,861
    Likes Received:
    39,383
    Trophy Points:
    113
    Gender:
    Male
    Then tell Pelosi to get off her arse and stop playing politics with the stimulus.

    How about these surveys?

    upload_2020-10-9_10-53-53.png

    Meanwhile, Gallup finds “a clear majority of registered voters, 56 percent, saying they are better off now than they were four years ago, while 32 percent said they are worse off.” Considering the pandemic and its economic-related troubles, and the protests and violence of the summer, that’s a fantastic figure for an incumbent president. The 56 percent saying they’re better off now than four years earlier is better than the 45 percent in 2012 (when Barack Obama was reelected), the 47 percent in 2004 (when George W. Bush was reelected), and the 44 percent in 1984 (when President Reagan was reelected in a landslide).

    Gallup also found that 49 percent of registered voters said they agree with Donald Trump more on issues, compared to 46 percent who said the same about Joe Biden.

    The latest poll from the Pew Research Center found 50 percent of registered voters think President Trump is “mentally sharp” — while only 46 percent say they believe Joe Biden was mentally sharp. The survey found 69 percent say the president stands up for what he believes in, and 52 percent were very or somewhat confident that Trump would make good decisions on economic policy.

    And in a recent Emerson poll of likely voters Michigan, Trump supporters seem considerably more enthusiastic than Biden supporters: “Amongst those who support Biden, 43 percent report being extremely excited to support him, 25 percent as very excited, 20 percent as mildly excited, and 13 percent as not that excited. As for the President’s supporters, 63 percent report being extremely excited, 16 percent very excited, 14 percent mildly excited, and 7 percent not that excited.”
     
  4. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,535
    Likes Received:
    52,098
    Trophy Points:
    113
    Trump did a fabulous job for the American Worker. His record will continue to stand out in regal splendor dominating the arc of history even future presidents try to match the high bar he has set as the standard.

    He simply got the smart things done. For example, why wasn't this accomplished 30 years ago?
    America's Hospitals To Publish The Secret Prices On More Than 300 Medical Procedures For 1st Time
     
    Bluesguy likes this.
  5. Par10

    Par10 Well-Known Member

    Joined:
    Jan 23, 2019
    Messages:
    4,390
    Likes Received:
    3,847
    Trophy Points:
    113
    Gender:
    Male
    It should have been part of the ACA for sure. Dems have their hands too far up the health system and Pharma's arse to actually work on reducing health care prices.
     
  6. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,535
    Likes Received:
    52,098
    Trophy Points:
    113
    One can predict their positions and actions with the following assumption:
    i) They are for more centralized control and power over others
    than with their claimed motivation
    ii) They want to improve the lives of others.

    And folks are catching on, all over.

    CHANGE (AND HOPE): Montana will see its first Republican governor in over a decade with inauguration of Greg Gianforte.

    “Republicans gained control of every statewide office after the November election and hold majorities in the Montana House of Representatives and Senate.”​
     
  7. 61falcon

    61falcon Well-Known Member

    Joined:
    Apr 27, 2018
    Messages:
    21,436
    Likes Received:
    12,228
    Trophy Points:
    113
    Gender:
    Male
    2020 is a whole different story where the wealthiest admong Americans have capitalized as never before, adding almost 2 TRILLION to their wealth.
     
  8. Par10

    Par10 Well-Known Member

    Joined:
    Jan 23, 2019
    Messages:
    4,390
    Likes Received:
    3,847
    Trophy Points:
    113
    Gender:
    Male
    since they pay most of the taxes that support the poor, isn't that a good thing?
     
  9. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

    Joined:
    May 12, 2010
    Messages:
    28,141
    Likes Received:
    10,635
    Trophy Points:
    113
    Lol.

    Complete denial that the private sector and trickle down works as intended. Daddy government must step in to save the low wage workers, or else.

    Look at wealth disparity, poverty rates, and purchasing power in your progressive urban areas. It's the worst. You've been fed lies and are them up.
     
  10. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

    Joined:
    May 12, 2010
    Messages:
    28,141
    Likes Received:
    10,635
    Trophy Points:
    113
    So basically, scream "lies" in the face of data, present nothing to the contrary, and go on towing the progressive nonsense lines. Got it.
     
  11. Well Bonded

    Well Bonded Well-Known Member Past Donor

    Joined:
    Oct 5, 2018
    Messages:
    9,050
    Likes Received:
    4,354
    Trophy Points:
    113
    It also makes them dance right to the polls during an election year.
     
  12. Well Bonded

    Well Bonded Well-Known Member Past Donor

    Joined:
    Oct 5, 2018
    Messages:
    9,050
    Likes Received:
    4,354
    Trophy Points:
    113
    [​IMG]
     
  13. Well Bonded

    Well Bonded Well-Known Member Past Donor

    Joined:
    Oct 5, 2018
    Messages:
    9,050
    Likes Received:
    4,354
    Trophy Points:
    113
    False information, those number have not been complied by the FED yet.

    This is what is known

    [​IMG]
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

    Joined:
    Jun 13, 2010
    Messages:
    154,861
    Likes Received:
    39,383
    Trophy Points:
    113
    Gender:
    Male
    Not all of them, those involved in logistics and technologies have because of the demands placed on those industries due to COVID. But before COVID and especially under Trump/Republican policies the middle and lower incomes were doing QUITE well certainly better than they did under Obama/Biden policies which is where Biden wants to head us again.

    "Between 2016 and 2019, white, wealthy and college-educated households had relatively less income growth than other groups, the Fed notes, adding that “more broadly, the income gaps between families with a college degree and those without one decreased.” Real median incomes grew 9% for Americans who haven’t completed high school and 6.3% for those with only a high-school diploma while declining 2.3% among those with a college degree."
    https://www.wsj.com/articles/the-wealth-gap-shrinks-11601420393?mod=opinion_lead_pos1
     
    Last edited: Jan 3, 2021
  15. Sanskrit

    Sanskrit Well-Known Member

    Joined:
    Feb 12, 2014
    Messages:
    17,082
    Likes Received:
    6,711
    Trophy Points:
    113
    The doctored definition of "wealth" that all LW wealth-resentment propaganda repeats is a lie. Useful data could be comprised of quantifiable measures. Instead we get abstract "wealth this wealth that." All by design and the design is resentment propaganda and deception.

    Any reasonable definition of "wealth" would include 1. intangibles such as freedom, QOL advances, to travel for instance, cheap phones for another; 2. residential real estate; 3. personal property. Prevailing propaganda definitions include none of those in favor of pure financial wealth in abstract shares and dollars.

    If people knew how many categories of actual wealth were excluded they'd toss all LW wealth inequality lie narratives in the trash where they belong.
     
    Last edited: Jan 3, 2021
  16. 61falcon

    61falcon Well-Known Member

    Joined:
    Apr 27, 2018
    Messages:
    21,436
    Likes Received:
    12,228
    Trophy Points:
    113
    Gender:
    Male
    We have over 20 MILLION currently collecting unemployment and millions more who's benefits have run out but they are still unemployed. We have lost tens of thousands of small businesses and most of our large malls are either empty or close to it as many of our largest retailers are much smaller in total stores than they once were. The majority of these businesses are gone for good along with the job s they provided. Our wealthiest who own over 80% of all stocks sold and traded on our exchanges have profited like never before during the past year of Covid adding almost 2 TRILLION to their wealth.
     

Share This Page