Bipolar nation: We elect socialists as the markets absolutely SOAR,
Gonna be an interesting transition from defunded 401Ks to living off Social Security.
Link: https://www.foxbusiness.com/markets
Replies to: “Bipolar nation: We elect socialists as the markets absolutely SOAR,”
Remember, both regular D candidates in MI had their name on ballot to split the vote of reg D's.
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It's called a "K Shaped" economy...not good when the lower half is ignored...
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Thank god the border is not flooding us with cheap labor or the lower half would be screwed.
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If Trump hadn't killed the 2024 bipartisan Senate Border Security and Immigration Bill in
order to keep folks like yourself riled up and voting for him that year...we wouldn't be having this conversation.
For some unknown reason, you and the rest of the MAGA cult are oblivious to the fact that Employers (including Trump) have been aiding and abetting undocumented immigrants for decades to do the menial work that native born Americans won't in Industries like Agriculture, Construction, Hospitality (see 'Trump') and others.
We absolutely NEED these workers...desperately...but in an orderly and just way...which brings us back to the need for Bipartisan CONGRESSIONAL Action. Note that DJT has done NOTHING to achieve this objective...and you can't even see it, much less call him out on it. You CAN do better...start NOW.
Still beating that old dead horse. The border is just fine today.
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Stop ignoring basic economic reality and I won't have to keep reminding you, and others, of why DJT
is undermining America's future growth. Open the attached link and note the downward trend in "Labor Force Participation Rate" under Trump. Our GDP growth is Heavily dependent on an Increasing rate, which, with the large Boomer population retiring, iis not happening, ergo the NEED for Immigrant Labor...at all skill levels.
Trump's actions only CUT our labor force...it doesn't do a thing to increase it...and that's a recipe for failure as we click off each year. On the other hand, the Bipartisan Border Security Bill addressed not only Border Security, but our Dependence on Immigrant Workers for our Economic Growth.
This isn't Rocket Science...take off your polarizing lenses and you'll see for yourself how destructive Trump is and has been for America.
Link: https://fred.stlouisfed.org/series/CIVPART
That Bill did not pass because of loopholes and a shitload of foreign aid monies.
You aren't fooling anyone.
Biden was POTUS in May of 2024.
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But he didn't control Congress...and DJT controlled the GOP...do a search of the OF and
keyword "Lankford"...specifically his address to the Senate where he highlights the threats he received for trying to advance any Border Security and Immigration Policy Bill...during the 2024 election year.
Link: https://en.wikipedia.org/wiki/Party_divisions_of_United_States_Congresses
Biden was POTUS. Couldn't solve the problem he created. Trump was not in office. Blame Biden.
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Well...nominally anyway...
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K shaped economy. Asset (stock/bonds/housing) prices rise faster than wages. Our growth is based on
speculation not production. Wages will increase only if production increases, which is not the case of our current economy.
Let’s make main street economy great again. Or socialism will take over the country.
Yes and no: Cortporate profits are not speculation and they are way up... but average wages lag.
But let's imagine how worse things would be for wage earners if we were still being flooded with cheaper foreign labor.
Link: https://www.msn.com/en-us/money/top-stocks/dow-soars-900-points-on-strong-corporate-profits-hopes-of-iran-deal/ar-AA29ogdH?ocid=BingNewsVerp
Which one are not based on speculation? Care to share? I’ll buy their stocks. Wont forget you when
I am rich.
Is open AI profitable now? Is Anthropic profitable now? Is Grok (xAI) profitable now?
Let’s see how about Main Street one. Is Boeing profitable now? Is Intel profitable now? Are those EV manufacturers except Tesla are profitable now?
I suppose that any investment involves a judgment about future profits but recent performance
is not exactly speculation.
Link: https://chartrow.com/lists/biggest-companies-by-net-income
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