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Thread: Even in a Pandemic, the Billionaires Are Winning

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    Quote Originally Posted by Jack View Post
    Doesn't move us forward with the usual/typical 'My Team is Good, your Team is Bad'.
    We got there BECAUSE Democrats did not fight back. Not going to happen, it is not happy time.

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    Quote Originally Posted by Jack View Post
    You're discussing two people both invested in the Stock Market and rising as Corporate America rises. Both are 'Haves'.

    I'm discussing the Plight of the 'Have-Nots'. The Working Class that ISN'T invested in the Stock Market and live 'hand-to-mouth'.
    You are confusing the working class with low income. Plant workers, plumbers and other similar employees are not low income. Many of them no longer have pensions but use 401(k) or have that in addition to their pension. I live in a small town and a friend who does investing has many working class clients who reached over $1 million by their retirement.

    But whether a person is a billionaire or working class nothing they earn has been taken away from lower income workers.

    The trick is to get those low income to stay in school, not have kids until they can afford it, get job training or experience, and work full-time. Almost nobody who meets that criteria is in poverty. There are many programs available to help these people achieve that goal---many of them go without applicants.

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    More than 20 million people lost their jobs at the start of the pandemic. As Congress lazily contemplates whether or not to bother to continue to provide economic assistance to America’s neediest, as many as 13 million people are at risk of losing the expanded benefits that keep them just beyond the grip of hunger and homelessness.

    https://www.nytimes.com/2020/11/25/o...lionaires.html

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    Quote Originally Posted by BidenPresident View Post
    Yes, now go away, troll. We have enough already.
    That is what I said--agree 100%

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    Quote Originally Posted by Jack View Post
    Doesn't move us forward with the usual/typical 'My Team is Good, your Team is Bad'.
    By itself that dynamic isn't very productive; I certainly won't argue that with you.

    But Jack, as an ancillary position to all other anti-trumpian initiatives, however, I'm honestly pretty good with it--because it's true.
    Patriotism is the last refuge of a scoundrel. Samuel Johnson, 1775
    Religion....is the opiate of the people. Karl Marx, 1848
    Freedom's just another word for nothin' left to lose. Kris Kristofferson, 1969

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    Quote Originally Posted by Flash View Post
    That is what I said--agree 100%
    Not going away on my own thread. Start your own thread if you don't like it.

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    Quote Originally Posted by Flash View Post
    You are confusing the working class with low income. Plant workers, plumbers and other similar employees are not low income. Many of them no longer have pensions but use 401(k) or have that in addition to their pension. I live in a small town and a friend who does investing has many working class clients who reached over $1 million by their retirement.


    Flash: "... has many working class clients who reached over $1 million by their retirement."
    Jack: Yeah. Sure.

    Half of Americans are 'investors'. The other half live Pay Check to Pay Check. I'm trying to focus on the bottom 50% of Americans that feel left behind and don't see the possibility of achieving the American Dream. What's the Answer for THOSE Folks?

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    Quote Originally Posted by NiftyNiblick View Post
    By itself that dynamic isn't very productive; I certainly won't argue that with you.

    But Jack, as an ancillary position to all other anti-trumpian initiatives, however, I'm honestly pretty good with it--because it's true.
    Cool.

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    Quote Originally Posted by BidenPresident View Post
    Not going away on my own thread. Start your own thread if you don't like it.
    Try to be a better host.

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    Quote Originally Posted by Flash View Post
    Try to be a better host.
    stop being a troll

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    Quote Originally Posted by Flash View Post
    You are confusing the working class with low income. Plant workers, plumbers and other similar employees are not low income. Many of them no longer have pensions but use 401(k) or have that in addition to their pension. I live in a small town and a friend who does investing has many working class clients who reached over $1 million by their retirement.

    But whether a person is a billionaire or working class nothing they earn has been taken away from lower income workers.

    The trick is to get those low income to stay in school, not have kids until they can afford it, get job training or experience, and work full-time. Almost nobody who meets that criteria is in poverty. There are many programs available to help these people achieve that goal---many of them go without applicants.

    I've given you 3 things I see as a Problem.

    "1. Outsourcing. (Manufacturing to Third World Countries)
    2. Automation. (Machines taking more Jobs done by Humans)
    3. Importation of Third World Labor into the US. (Mostly Mexico and Central America)"

    Do you have an opinion?

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    Quote Originally Posted by Jack View Post


    Flash: "... has many working class clients who reached over $1 million by their retirement."
    Jack: Yeah. Sure.

    Half of Americans are 'investors'. The other half live Pay Check to Pay Check. I'm trying to focus on the bottom 50% of Americans that feel left behind and don't see the possibility of achieving the American Dream. What's the Answer for THOSE Folks?
    I explained it in the previous post.
    [The trick is to get those low income to stay in school, not have kids until they can afford it, get job training or experience, and work full-time. Almost nobody who meets that criteria is in poverty. There are many programs available to help these people achieve that goal---many of them go without applicants.]

    There are 18.6 million millionaires in the U.S.

    Many of those in the bottom 50% (below about $57,000) are professionals such as teachers whose pensions depend on investments in the market.

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    Quote Originally Posted by BidenPresident View Post
    stop being a troll
    Still waiting for an example of me defending Trump.

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    Quote Originally Posted by Flash View Post
    I explained it in the previous post.
    [The trick is to get those low income to stay in school, not have kids until they can afford it, get job training or experience, and work full-time. Almost nobody who meets that criteria is in poverty. There are many programs available to help these people achieve that goal---many of them go without applicants.]

    There are 18.6 million millionaires in the U.S.

    Many of those in the bottom 50% (below about $57,000) are professionals such as teachers whose pensions depend on investments in the market.
    Alright. You don't see a problem with Outsourcing and Automation and feel there really isn't a Problem. OK. Thanks.

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    Quote Originally Posted by Jack View Post
    I've given you 3 things I see as a Problem.

    "1. Outsourcing. (Manufacturing to Third World Countries)
    2. Automation. (Machines taking more Jobs done by Humans)
    3. Importation of Third World Labor into the US. (Mostly Mexico and Central America)"

    Do you have an opinion?
    So basically everything Trump was against and Biden is for and will implement.

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