Stocks rise for 5th straight week. MAGA soils diapers.

Port Tack said:
Another good reason to allow a few million to imigrate into this country, it's precisely what it needs. Pretty soon we will be paying $35 for a fucking Big Mac sandwich because the right are so fucking bigoted and stupid.
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You want another couple million illegal immigrants? So that you don't have to pay $5 $35 for a Big Mac? Exactly how does that work?
 
Walt said:
The stock market is doing well, because the economy will do well in 2024. The economy doing well in 2024 will help Biden with moderate voters, but will make no deference with the extreme trump voters. The extreme trump voters will not win the election for trump, so who cares?
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i'm going to give you the benefit of the doubt here and re-explain the point I was making. I'm NOT discussing the actual economy. I'm pointing out how the voting base bases their assessment of the economy. By this, i'm referring to how when a Democrat is president, then the democrat base points out the increase of the stock market. When a republican is president, then the democrat base uses the stats of the middle and lower class to show that the economy sucks and that only the rich are getting richer. And vice versa, republican base does the exact same.
 
ThatOwlWoman said:
That is true, thanks. Seems the middle class is currently doing well, and the "lower classes" are still struggling.
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I beg to differ on the middle class. In Texas, my family income puts us near upper middle class, yet i'm struggling. it's not totally inflation though. my mortgage went up $500 a month because of the property tax appraisal/rate and insurance premiums. that, combined with inflation, has put a hurting on my budget.
 
Walt said:
Even some in the lower class are doing better than ever before. There is an extreme demand for low skilled workers, that is allowing some very (comparatively) high pays. There are lower class people working at McDonald's making as much as $50 an hour.

$50 is an extremely unusual high, but there has been a lot of people making $20 an hour who never made more than $8 an hour.

https://www.dailydot.com/unclick/mcdonalds-50-dollars-an-hour/
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:eek::eek::eek::eek::eek::eek::eek:
 
Port Tack said:
Not sure, are you ignoring the point that inflation here was the result of the pandemic, was worldwide, and did not have a fucking thing to do with Biden?
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i've never laid the blame with biden alone..........it started with trump, and biden has continued it with other failed policies, but the majority of the blame lies with how the states and municipalities dealt with the pandemic.
 
Walt said:
Hawkeye has already predicted it will crash by the end of this month. If it does not, we have to wonder about all of Hawkeye's statements.
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H10 has been here for over three years now. Not a single one of his doomsday predictions has come to pass. I think even his "mistress," Nostradumbass, can do the math here. :laugh:
 
SmarterthanYou said:
I beg to differ on the middle class. In Texas, my family income puts us near upper middle class, yet i'm struggling. it's not totally inflation though. my mortgage went up $500 a month because of the property tax appraisal/rate and insurance premiums. that, combined with inflation, has put a hurting on my budget.
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Sorry to hear that. Who raised the taxes and insurance?
 
TOP said:
You want another couple million illegal immigrants? So that you don't have to pay $5 $35 for a Big Mac? Exactly how does that work?
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If they are not illegal, what's the problem? Why aren't the Republicans, so very very worried about the icky icky brown ppl from the south, doing something about both them and the labor shortage? Did you know that many other First World nations import third world workers because of a global shortage in workers who will do low-income jobs?
 
SmarterthanYou said:
the taxes went up because of the county appraisal board. insurance has gone up because it's insurance.
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The problem with insurance is that even if you live in a relatively disaster-free area, you're still going to chip in, via higher premiums, to repair stuff damaged by floods, wildfires, earthquakes, hurricanes that happen elsewhere. Hmmm. It's kind of like socialism, isn't it?
 
ThatOwlWoman said:
The problem with insurance is that even if you live in a relatively disaster-free area, you're still going to chip in, via higher premiums, to repair stuff damaged by floods, wildfires, earthquakes, hurricanes that happen elsewhere. Hmmm. It's kind of like socialism, isn't it?
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if it was government run insurance, yes. As it stands, I liken insurance companies to ponzi schemes.
 
SmarterthanYou said:
When a republican is president, then the democrat base uses the stats of the middle and lower class to show that the economy sucks and that only the rich are getting richer. And vice versa, republican base does the exact same.
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In the last couple of years, the wealth gap has narrowed, and the lower class gets richer. I am fine with you "blaming" that on Biden.
 
SmarterthanYou said:
I beg to differ on the middle class. In Texas, my family income puts us near upper middle class, yet i'm struggling. it's not totally inflation though. my mortgage went up $500 a month because of the property tax appraisal/rate and insurance premiums. that, combined with inflation, has put a hurting on my budget.
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Inflation does not hurt people with 30 year fixed loans. In fact, it helps them. I am regretting not taking out a 30 year fixed loan at below 4%, because I could have been paying less and less for my house, while the money was making more and more.

As for local taxes and insurance prices skyrocketing in a red state... I do not see how you can blame Democrats for that. It is a red state.
 
Walt said:
Inflation does not hurt people with 30 year fixed loans. In fact, it helps them. I am regretting not taking out a 30 year fixed loan at below 4%, because I could have been paying less and less for my house, while the money was making more and more.

As for local taxes and insurance prices skyrocketing in a red state... I do not see how you can blame Democrats for that. It is a red state.
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I am totally not surprised that the leftists on here argue against my facts, simply because you can't accept that democrats are also a failure.
 
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