Do you ever do your own work? No offense to Gaius but just because he says something doesnāt make it true. Iāve literally had to show Gaius that he was completely not understanding an economic news story. He was just totally wrong. He didnāt freak out, he just admitted he was wrong. I was shocked at how wrong he was, but it happens. The title is wrong, and the facts in the video are correct. Wages continue to go up. They are not falling. Thatās the bottom line for this worthless click bait video designed for people who donāt actually follow the economy.
I think itās a worthless video. Iāve said that repeatedly. I never posted it. I did watch it though. Unlike you. And after watching it it was clear you hadnāt. Simple fact that I was pointing out. Wages are up. Not down. The title doesnāt fit with the actual data in the worthless video that wages are up. Donāt get information from videos like this. The data about wages increasing in the video is correct. But donāt learn about the economy from videos like this. Wages are continuing to rise but not at the rate they were. Fact. Wages are outpacing inflation now. Fact. Thatās it.
Well I think an increase in the stock market positively affects a lot of people where a drop in the stock market tends to hurt a lot of people. But thatās just me. God knows Trump claimed the stock market would crash with Biden as president. And that it would skyrocket if he were president. That definitely hasnāt happened. Iām always fine with the stock market going up. Regardless of president. I have a lot of money there. Iād like to retire in about fifteen years.
Most people do not have any money in the stock market. In fact a lot of people are emptying their 401K today to just make ends meet. So, you are happy that the rich are getting richer, and the poor are getting poorer.
Regardless, a consistent conservative would subscribe to the view that wealth trickles down from the rich ergo rich getting richer cannot be a bad thing.
Thatās odd. I thought 61 percent of adults investing in the stock market would be a majority. Is the āmost people do not have any money in the stock marketā what you feel is true?
But if people are emptying out their 401ks to make ends meet Iād like their investments to be worth more when they do that. So yeah I want the stock market higher for them too.
Sure look at you. You have yours so why should you care that most workers in America today are having to empty their nest eggs just to put food on the table.
Even if thatās true, how horrible that whatever the money they do have is growing exponentially, right ? I am sure youād be equally upset and outraged had this been happening under a Republican president
I was and have been for over forty years. There are just a few of us who hold the ones we elected feet to the fire and want spending in DC to stop. Did you call your elected representatives lately and let them know that what biden wants is over the top and they need to tell him no. Even if it means the left shut down the government and hold all those people hostage? I did.