October 19, 2021
The Rich Get Richer
Steven Chase
STOCKS: +32% in 2019, +19% in 2020, 21% this year...(S&P)
I cannot think of a single thing our Gov't is doing to help the working, middle class. Every dollar spent goes to ASSET INFLATION, benefiting the already wealthy. And taxpayers are stuck with the bill. (currently $30Trillion).
The wealthiest 10% of Americans own a record 89% of all U.S. stocks
cnbc.com
STOCKS: +32% in 2019, +19% in 2020, 21% this year...(S&P)
I cannot think of a single thing our Gov't is doing to help the working, middle class. Every dollar spent goes to ASSET INFLATION, benefiting the already wealthy. And taxpayers are stuck with the bill. (currently $30Trillion).
The wealthiest 10% of Americans own a record 89% of all U.S. stocks
cnbc.com
Posted by: Timothy Birdnow at
11:27 AM
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Post contains 67 words, total size 1 kb.
1
Maybe that's why Slow Joe thinks he can finance his bloated government initiatives by tax money from those people. You and I know it won't work.
Posted by: Dana Mathewson at October 19, 2021 05:14 PM (6H7jI)
2
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Posted by: Nishaknapp at October 20, 2021 06:49 AM (+fTfS)
3
I don't think Biden really cares about financing it. He is happy to bankrupt the treasury and ruin the currency. He just wants to punish those who aren't in the club and can't shield their funds.
Posted by: Timothy Birdnow at October 20, 2021 07:28 AM (hLjuC)
4
You may be giving Bite-Me more credit than he deserves. At this stage of the game, I doubt he has much idea of cause-and-effect, certainly in economic matters. The only thing he knows for sure is that he wants ice cream and he wants it NOW!
Posted by: Dana Mathewson at October 21, 2021 01:03 PM (l1227)
5
True. When I say Biden I mean the people running the operation Biden Inc.
Posted by: Timothy Birdnow at October 22, 2021 08:18 AM (+UUDH)
6
Between you and me, I doubt that Biden's handlers have much more grasp on "how things work" than their putative boss does. Otherwise we might not be seeing such policy disasters almost daily.
Posted by: Dana Mathewson at October 22, 2021 01:31 PM (djD2v)
7
I disagree Dana; I think these disasters are a feature. And I think the people are the same as those who ran Obama. They want a weak America and a strong China to counterbalance us. And they want turmoil and chaos to drive societal evolution. It's the Cloward Piven strategy.
Posted by: Timothy Birdnow at October 23, 2021 07:44 AM (chrEE)
8
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Posted by: Ninja at April 09, 2024 02:02 AM (uRvW/)
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