For all the fear and allusions to right-wing Nazi racists being the reason that Trump won, this is a sorely ignored point. People of all backgrounds are financially hurting and have very little hope for the future.
OhNoRomoGoes
ohnoromogoes
There is definitely a relationship there, but ironically Dodd-Frank has caused serious incestuous relationships too!
https://www.bloomberg.com/news/articles/2016-11-03/bond-funds-are-bringing-trading-in-house-after-dealer-pullback
You are correct that it is those ages 16+ with no cap, but the underlying assumption (though reasonable) actually doesn’t turn out to be true; Boomers haven’t been able to retire in large numbers since the recession due to the overextension on the housing purchases and their nest eggs getting thrashed.
There are a few…
Awesome rebuke, can’t argue with that insightful zinger there. Try doing some reading without the rose-colored glasses sometime, you might actually learn something.
What planet do you live on? How about we start with corporate debt:
Man, this is pretty much straight trash.
First, the economy is not in great shape at this point. Real wages have effectively gone nowhere as cost of living (mainly rents) has soared through Obama’s tenure. The labor force participation rate is still hovering near multi-decade lows, and most of the jobs created during…
Could be, though an annoyed resident of NYC is generally not tight-lipped.
Physical violence; there are a lot of whackos out there willing to take matters into their own hands because they feel justified. The thought of getting hit with a rock, or a bottle, or god forbid getting shot is not ridiculous. Quickly walking away from a screaming mob is a pretty rational move, even if they are…
“But watching the tight lips and quickened steps of all of these masters of the universe—these achievers, these hard workers, these people who have spent their lives succeeding and been richly rewarded for it—it was impossible not to detect in them another familiar feeling: guilt. But nobody wanted to talk about…
That isn’t how money works; providing everyone a basic income just inflates prices due to an income effect (an abrupt version of normally slow inflation...hence why we can’t buy a car for 3k like people in the 60's could). Money, like many things in life, is relative and has to come from somewhere. The studies that…
Meaningless modifier? Freshman indicates that it was his first term in the federally elected position; that is definitionally meaningful. The point about being an elected official in the dumpster fire that is Illinois government was the salient point; just because you had a title does not mean you have “useful”…
To be fair, we are talking about what got the man into the position he is in now, so we should align ourselves with the perspective at (relatively) the same point in time Obama was elected. He was a freshman Senator from Illinois after serving as a south side community organizer; if you have been to Illinois…
Just to touch on a few of the points there: family members is interesting since it would raise the median, but you would still have to have a functional worker at that level which are in high demand anyway (c-suite wont vote in some idiot family member over someone who can make them more money just so the top dog can…
Worked for the last 8 years.
You miss the point; you don’t legally have to cap their pay, they can make whatever they want. The workers on American soil would have to be paid at the ratio. Moving overseas doesn’t help them a bit.
Ah, Land of the Free, right? Private property operating on private property subject to citation and fines, because someone could do something illegal with/to someone else’s said private property.
It isn’t like cars (or keys and a car) are hard to come by. This isn’t some dude leaving an AR-15 loaded up outside…
Not certain why all companies would pull out of the largest economy in the world (with the most consumer dollars to extract). You would still need employees to operate in our borders, and they would be subject to these rates. Plus if the big businesses scaled back, you’ve opened competition for home grown…
I get the premise here, but that service has levels of management to run it. The purpose of them today is effectively economic specialization; the people at the head of them are still making significant dollars...i.e. they are an employee somewhere. This head honcho of the service will still want to make his money,…
I don’t think that math works the way you think it would; why is the CEO of the child company going to be cool with making nothing whilst running an enterprise? You’re going to have 1000 staff at the lowest level making bottom wages, then one dude over all of them? You would have to have enough people to manage that…