The rich, not satisfied with a tax cut, less regulations and corporate rights – have taken every penny out of your 401K. Your reward will be higher taxes, lower wages and higher interest rates.
I notice that Donnie, always eager to claim credit for ANYTHING “good” that happens on his watch, has been claiming credit for the continued rise in the stock market – and has suddenly become very quiet (relatively, anyway) on the subject. Evidently Donald John Trump likens himself to the Christian God – he accepts responsibility for all the good things that occur in life while ascribing all the bad happenings to the Devil or Obama or Clinton or just anyone other than himself! Donnie needs to learn that the essential duality of God works in theological sense but not so much with people – for us it’s “live by the sword; die by the sword” – sometimes in a very real sense!
Seems like a good time to highlight the folly of Republicans who want to privatize Social Security.
Slam me as an elitist pig all you want, but there are far too many Americans who have neither the knowledge nor the time to play the stock market. Even putting your money in an S&P Index fund is far from a sure thing. The S&P lost almost half it’s value in the last recession, forcing people to postpone retirement (if they could keep their jobs) or face a far more precarious retirement than they’d planned.
Too many corporate executives have forgotten the principle of enlightened self-interest. But rather than wait around for CEOs to see that healthy societies are essential to their firms’ own long-term success, policymakers should start imposing costs on companies that free-ride on public and social goods.
Ontman about 6 years ago
Cue the Osmond’s “Yo Yo”.
Motivemagus about 6 years ago
And pretty soon, the Republicans will be taking your medical insurance (and Xanax) away!
Mr. Blawt about 6 years ago
The rich, not satisfied with a tax cut, less regulations and corporate rights – have taken every penny out of your 401K. Your reward will be higher taxes, lower wages and higher interest rates.
wellis1947 Premium Member about 6 years ago
I notice that Donnie, always eager to claim credit for ANYTHING “good” that happens on his watch, has been claiming credit for the continued rise in the stock market – and has suddenly become very quiet (relatively, anyway) on the subject. Evidently Donald John Trump likens himself to the Christian God – he accepts responsibility for all the good things that occur in life while ascribing all the bad happenings to the Devil or Obama or Clinton or just anyone other than himself! Donnie needs to learn that the essential duality of God works in theological sense but not so much with people – for us it’s “live by the sword; die by the sword” – sometimes in a very real sense!
Uncle Joe Premium Member about 6 years ago
Seems like a good time to highlight the folly of Republicans who want to privatize Social Security.
Slam me as an elitist pig all you want, but there are far too many Americans who have neither the knowledge nor the time to play the stock market. Even putting your money in an S&P Index fund is far from a sure thing. The S&P lost almost half it’s value in the last recession, forcing people to postpone retirement (if they could keep their jobs) or face a far more precarious retirement than they’d planned.
martens about 6 years ago
Too many corporate executives have forgotten the principle of enlightened self-interest. But rather than wait around for CEOs to see that healthy societies are essential to their firms’ own long-term success, policymakers should start imposing costs on companies that free-ride on public and social goods.
https://www.project-syndicate.org/commentary/pay-or-play-capitalism-corporate-levies-by-jim-o-neill-2018-02