You mean there was a down-side to forcing people out of pensions and into a Vegas-structured investment vehicle like a 401K? The stock market won’t stay high forever? Santa Claus isn’t real?
There seems to be no end in sight of Puppet Biden’s bidenflation, and things are bound to get much worse for the remainder of Puppet Biden’s puppet presidency.
The corporations don’t care; they’ll gouge us as long as they can. Then they can buy back their stock with the “obscene” profits for a cheaper price. (Remember the 1970’s?)
Republican Sen. Scott wants to raise taxes on low and moderate income families How many want that? https://www.forbes.com/sites/howardgleckman/2022/02/24/scotts-skin-in-the-game-plan-could-raise-taxes-by-100-billion-in-2022-mostly-on-lowand-moderate-income-households/?sh=17ad9dc84156
The Stock Market is not the economy. Currently we have low unemployment and high wages. There is still demand for workers. Those are not the signs of a failing economy. And as anyone with experience with stocks will tell you, the market goes up and down, but you’re in stocks for the long run. In the long run stocks make money.
Concretionist almost 2 years ago
Yep. It’s almost as hard as managing a bunch of hotheaded people who voted for the other guy… during a pandemic.
ibFrank almost 2 years ago
If you got the money, there are ways to make money in any market, plus cost of items don’t matter (note the sale on Andy Warhol painting).
baroden Premium Member almost 2 years ago
You mean there was a down-side to forcing people out of pensions and into a Vegas-structured investment vehicle like a 401K? The stock market won’t stay high forever? Santa Claus isn’t real?
Patjade almost 2 years ago
Stock market: The worlds largest legal gambling organization.
And the entire world is seeing inflation, not just the US as the myopic artist seems to think.
Sun almost 2 years ago
There seems to be no end in sight of Puppet Biden’s bidenflation, and things are bound to get much worse for the remainder of Puppet Biden’s puppet presidency.
VegaAlopex almost 2 years ago
The corporations don’t care; they’ll gouge us as long as they can. Then they can buy back their stock with the “obscene” profits for a cheaper price. (Remember the 1970’s?)
suzalee almost 2 years ago
Republican Sen. Scott wants to raise taxes on low and moderate income families How many want that? https://www.forbes.com/sites/howardgleckman/2022/02/24/scotts-skin-in-the-game-plan-could-raise-taxes-by-100-billion-in-2022-mostly-on-lowand-moderate-income-households/?sh=17ad9dc84156
The Nodding Head almost 2 years ago
My broker advises calm.
kelloggs2066 almost 2 years ago
Bad circumstances + Bad Policies = A really bad time for the poor, working and middle classes.
Valiant1943 Premium Member almost 2 years ago
Didn’t the Republicans want to tie social security to the stock market during the Bush administration?
guyjen2004 Premium Member almost 2 years ago
Well, that’s just not a good combination. CPI comes out this morning, I believe. Let’s hope for a lower number.
ChristopherBurns almost 2 years ago
The Stock Market is not the economy. Currently we have low unemployment and high wages. There is still demand for workers. Those are not the signs of a failing economy. And as anyone with experience with stocks will tell you, the market goes up and down, but you’re in stocks for the long run. In the long run stocks make money.
preacherman almost 2 years ago
The slope of the lines is not nearly so precipitous.
RussBowers almost 2 years ago
Sounds like a certain right wind cartoonist has an investment issue going on…poor dear.