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Valued Social Butterfly
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Re: Can't Let Go

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Message 41 of 64

@Olderscout66 wrote:

The GOPerLords insist their minions gauge the economy by the Stock Market because that's where all the Lords put and keep our money.

 

Some folks at MIT Slone graduate school of business did a study years ago that showed that 1% of individual investors owned 90% of the stocks not held by funds. Yes, you may have some stock and your pension fund may have more, but your share of that particular "pie" is the crumbs around the edge.

 

Since 1970, the increased profits from increased worker productivity have gone not to the workers as was the case from 1936 until 1970, but to the management - the ones dividing the profits. This disparity between one's contribution to the profits and one's share of the profits decreased slowly until 1980 when the Reagan Taxscams allowed the manager/dividers to keep virtually all the additional income they accorded to themselves and from 1980 until 2016, worker productivity increased 146% while workers wages only increased 7%. Meanwhile the income of the top 10% DOUBLED and the top 1% TRIPLED.

 

If the relationship between wages and productivity we experienced from 1936 until 1970 had continued, the average wage for American workers would be $90,000 and the average CEO would be making $5Million, not $15Million and management compensation would be similarily reduced.

 

And it's not JUST the $30,000/yr that workers lost, its the marvelous infrastructure our parents and grandparents built for us and Republicans have allowed to deterioriate to 3d world levels. That lost infrastructure included excellent primary and secondary schools and highly affordable higher education so anyone desiring to attend could do so without borrowing money.

 

We now know with absolute certainty the "dribble down" economics Reagan used and Republicans continue to use to justify their redistribution of income and wealth using the tax code has been an abject FAILURE for 90% of Americans, including about 90% of Republicans.

 

The rich have gamed the system so we cannot supply all the "high tech" workers we need, so everybody now sees at least one foreign educated physician or dentist. Those Americans who have STEM jobs are not seeing any promotions because Republicans allow in STEM workers who will accept much less and will NOT be getting any retirement package.

 

How long will those who can actually think about what's happened allow it to continue? The only way to reverse the trend is to purge the system of those who keep in happening - REPUBLICANS. The new crop of Democratic Representatives is a wonderful sign of hope for the future, but we need to do the same with the Senate and White House in 2020.


Between an employer holding back a pay raise for his employees because he got a tax cut and the rich Republicans controlling the hiring in high tech firms - that is quite a world you have created in your mind.

 

As to the "new crop" - their only fix is wealth redistribution. That is not a healthy thing for the country.

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Valued Social Butterfly
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Re: Can't Let Go

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Message 42 of 64

@williamb39198 wrote:

BigLib, with that in mind, haven’t housing starts been down? And to couple that with what Scout posted, haven’t the number of people who can afford to purchase a house, fallen also?


Yup. So much for the booming wages under Trump line. If everyone was making so much more money under Trump, the housing market should be booming. And to counter that, last year the republican-controlled Congress voted to repeal much of Dodd-Frank, including stress tests for the smaller banks that made many of the riskier loans that led to the crisis in 2008. Talk about a land mine! They couldn't even get a majority of Democrats in either chamber to sign on to it.

 

So when it crashes again, and make no mistake, it will, the republicans get to own it once more.

 

 

http://www.politifact.com/personalities/donald-trump/statements/byruling/false/ (11 pages of lies and growing)
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Re: Can't Let Go

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Message 43 of 64

BigLib, with that in mind, haven’t housing starts been down? And to couple that with what Scout posted, haven’t the number of people who can afford to purchase a house, fallen also?

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Valued Social Butterfly
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Re: Can't Let Go

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Message 44 of 64

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

 

http://www.politifact.com/personalities/donald-trump/statements/byruling/false/ (11 pages of lies and growing)
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Super Social Butterfly
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Re: Can't Let Go

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Message 45 of 64
Olderscout...your last post speaks loud and thank you. What many of the boomers and republicans do not understand is that the jobs that the generations following them didn't have the benefits like retirement options...welcome the 401k type programs...but many no longer had paid or mostly paid health insurance benefits and therefore, had to have that taken out of the monthly budget...results being no money to put into the retirement accounts. It was taking all they had in their pay to live payday to payday. Now, with the millenials and younger, they have outrageous student loan debts to pay before they can even "start" living that so called American dream. Huh...nice set up for generations that follow, no?
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Re: Can't Let Go

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Message 46 of 64

The GOPerLords insist their minions gauge the economy by the Stock Market because that's where all the Lords put and keep our money.

 

Some folks at MIT Slone graduate school of business did a study years ago that showed that 1% of individual investors owned 90% of the stocks not held by funds. Yes, you may have some stock and your pension fund may have more, but your share of that particular "pie" is the crumbs around the edge.

 

Since 1970, the increased profits from increased worker productivity have gone not to the workers as was the case from 1936 until 1970, but to the management - the ones dividing the profits. This disparity between one's contribution to the profits and one's share of the profits decreased slowly until 1980 when the Reagan Taxscams allowed the manager/dividers to keep virtually all the additional income they accorded to themselves and from 1980 until 2016, worker productivity increased 146% while workers wages only increased 7%. Meanwhile the income of the top 10% DOUBLED and the top 1% TRIPLED.

 

If the relationship between wages and productivity we experienced from 1936 until 1970 had continued, the average wage for American workers would be $90,000 and the average CEO would be making $5Million, not $15Million and management compensation would be similarily reduced.

 

And it's not JUST the $30,000/yr that workers lost, its the marvelous infrastructure our parents and grandparents built for us and Republicans have allowed to deterioriate to 3d world levels. That lost infrastructure included excellent primary and secondary schools and highly affordable higher education so anyone desiring to attend could do so without borrowing money.

 

We now know with absolute certainty the "dribble down" economics Reagan used and Republicans continue to use to justify their redistribution of income and wealth using the tax code has been an abject FAILURE for 90% of Americans, including about 90% of Republicans.

 

The rich have gamed the system so we cannot supply all the "high tech" workers we need, so everybody now sees at least one foreign educated physician or dentist. Those Americans who have STEM jobs are not seeing any promotions because Republicans allow in STEM workers who will accept much less and will NOT be getting any retirement package.

 

How long will those who can actually think about what's happened allow it to continue? The only way to reverse the trend is to purge the system of those who keep in happening - REPUBLICANS. The new crop of Democratic Representatives is a wonderful sign of hope for the future, but we need to do the same with the Senate and White House in 2020.

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Re: Can't Let Go

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Message 47 of 64

@Snoopy48 wrote:

@rk9152 wrote:

@Snoopy48 wrote:

@rk9152 wrote:

That is quite deep (and accurate) for those willing to consider it with an open mind. But what are the odds?


To consider that a deep and accurate meme one would have to have such an open mind that the wind whistles through unabated.


And those without an open mind will just ignore the message and send out insults.


So why did you just ignore the real messsage?


So was the "real message" something about wind whistling?

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Respected Social Butterfly
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Re: Can't Let Go

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Message 48 of 64
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Valued Social Butterfly
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Re: Can't Let Go

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Message 49 of 64

@rk9152 wrote:

@Snoopy48 wrote:

@rk9152 wrote:

That is quite deep (and accurate) for those willing to consider it with an open mind. But what are the odds?


To consider that a deep and accurate meme one would have to have such an open mind that the wind whistles through unabated.


And those without an open mind will just ignore the message and send out insults.


So why did you just ignore the real messsage?

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Valued Social Butterfly
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Re: Can't Let Go

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Message 50 of 64

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


And those without an open mind will just claim a vision in their crystal ball and ignore the realities of the cartoon.

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