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We never should have bailed the auto or banking industry, we should have let them fail. Making taxpayers pay for the mistakes of big business is wrong. We also need to end all corporate subsidies and cut all spending by 25%. Raise the taxes on everyone and pay down debt, until we do that the country will suffer.
Mkay.During the 2008 global financial crisis, when GM and Chrysler went bankrupt, the union agreed to massive concessions in benefits, which included their pensions. The workers attempted to get their pensions back during the 2019 movement “Unite All Workers for Democracy,” but the negotiations failed after a 40-day strike.
Fast forward 15 years
UAW Rips Ford CEO's $21 Million Compensation as Strike Looms
Published Sep 14, 2023 at 7:24 PM EDT
Those who are younger than 50, and some how think that you would by magic start saving or doing some good investing with that 15 to 35 dollars taken out of your pay check.Yea, sure. LOL. Lucky for you it is there because you didn't save as much as you should have because you are a typical American. Give America a raise and they'll still spend it. That's why ss is such a good idea.
If Republicans touch ss just remember I called it here and now. Long before the GOP admitted the program was on their chopping block. And all you Trumpbots are to blame.
Those who are younger than 50, and some how think that you would by magic start saving or doing some good investing with that 15 to 35 dollars taken out of your pay check.
Just don't believe it because half the country is mired in Credit Card debt.
Don't know about doomed, but its easy too see that the richest of the rich have been gaining in leaps & bounds.Either you are a rich liar or a broke ass fool. Liberals haven't done anything. In fact we warned you that Republican policies do nothing but make the rich richer and the poor poorer.
But I don't have to tell you that's what happens. You'll see.
the Fed keeps making America's uber rich ever richer, when in the first quarter thanks mostly to yet another $1.1 trilion increase in the value of financial assets (read stock market), the asset holdings of US households (or at least a very small subsection of them) rose by $1.6 trillion to a record $99 trillion, which net of $14.2 trillion in debt, means US household net worth is also a record $84.9 billion.
Very Rich Get Very Richer: Wealthiest 20% Hold 94.5% of World’s Money
And these are the people telling you liberal programs are bankrupting the country and meanwhile they've never been richer. The poor and middle class are so stupid. And not just Americans. This has happened all over the world. Greece, France, EVERYWHERE. The middle class and poor of the world are doomed!!!
Yes and I remember they were doing this during the Bush years too. Do you remember all the arguments Republicans made? They said the widening gap between the rich and rest of us was no big deal. Do you agree with that? I don't.Don't know about doomed, but its easy too see that the richest of the rich have been gaining in leaps & bounds.
While most working Americans are working hard just to stay even.
Yes corporations through their lobbyists own every politician in the country, period, got an issue get a tissue. Yes, if you fail to improve profits, they will make you change something through not investing! The Government uses regulations to make more money!If what you say is true, that's scary. So you think the corporations are in charge not your government? Tariff them if they move out of the country.
If they want to move to a red state where labor costs and taxes are low, go for it. But even those workers are wising up and organizing into unions.
No, investors are not in charge. Government is the referee and should have the power/control.
Democracy - Not "The Free Market" - Will Save America's Middle Class
Here are a couple of headlines for those who haven't had the time to study both economics and history: There is no such thing as a "free market." The "middle class" is the creation of government intervention in the marketplace, and won't exist without it (as millions of Americans and Europeans...www.thomhartmann.com
You idiot, you do not want democracy, and we do not have a democracy. Democracy, majority rules the majority of Americans push back against high taxes and the social reconstructing through the alphabet lobby, lgbtqxyzderIf what you say is true, that's scary. So you think the corporations are in charge not your government? Tariff them if they move out of the country.
If they want to move to a red state where labor costs and taxes are low, go for it. But even those workers are wising up and organizing into unions.
No, investors are not in charge. Government is the referee and should have the power/control.
Democracy - Not "The Free Market" - Will Save America's Middle Class
Here are a couple of headlines for those who haven't had the time to study both economics and history: There is no such thing as a "free market." The "middle class" is the creation of government intervention in the marketplace, and won't exist without it (as millions of Americans and Europeans...
We don 't have a dictatorship either, despite MAGA's highest hopes.You idiot, you do not want democracy, and we do not have a democracy. Democracy, majority rules the majority of Americans push back against high taxes and the social reconstructing through the alphabet lobby, lgbtqxyzder
During the 2008 global financial crisis, when GM and Chrysler went bankrupt, the union agreed to massive concessions in benefits, which included their pensions. The workers attempted to get their pensions back during the 2019 movement “Unite All Workers for Democracy,” but the negotiations failed after a 40-day strike.
Fast forward 15 years
UAW Rips Ford CEO's $21 Million Compensation as Strike Looms
Published Sep 14, 2023 at 7:24 PM EDT
Have you been paying attention at all the closest thing we have ever had to a dictatorship is the potato head in the whitehouse nowWe don 't have a dictatorship either, despite MAGA's highest hopes.
Statement without proof of the matter asserted.Have you been paying attention at all the closest thing we have ever had to a dictatorship is the potato head in the whitehouse now
Again why is it our problem if the banking and auto industries fail because of their own stupidity? They weren’t worthy of hard working taxpayers money but you seem okay with hat, so I’m confused.
Actually SS recipients will get about 75% of promised benefits based only on the money coming in.Social Security won't end even if the government has to start printing money to pay it.
Cutting is one thing, having them go bankrupt is another.A few days ago R PAUL on FOX BUSINESS said we have to talk about cutting SOCIAL SECURITY & MEDICARE.
Then Trump CALLING MEDIA & SAYING THE SAME THING.. So think its fair that's the direction they want to go.
That's almost exactly what I predicted. 20% cuts to social security. That will be the Republican solution. When it happens, remember the Reagan, Bush and Trump tax breaks to the rich and corporations. And remember they borrowed from the fund.Actually SS recipients will get about 75% of promised benefits based only on the money coming in.
The bigger problem is Medicare, that will go bankrupt. Then what?
1. It wasn't Reagan and Bush that made the "Unified Budget"That's almost exactly what I predicted. 20% cuts to social security. That will be the Republican solution. When it happens, remember the Reagan, Bush and Trump tax breaks to the rich and corporations. And remember they borrowed from the fund.
Remember Clinton had a projected surplus. Then Bush passed tax breaks for the rich and corporations AND started 2 wars that lasted 20 years. If we had the money for that we can fund the social security fund by rolling all those tax breaks back.
Also consider this. Biden wants to hire more IRS agents to go after rich tax cheats. The rich are hiding BILLIONS of dollars from us. The IRS doesn't have what it takes to go after guys like Trump. So they only go after easy cases, middle class people. This is by design. We need to get their fair share. Even with all the tax breaks they still don't want to pay their fair share.
www.newsweek.com
So did Kennedy, Johnson, Carter, Clinton, Obama and Biden.When it happens, remember the Reagan, Bush and Trump tax breaks to the rich and corporations. And remember they borrowed from the fund.
So did Kennedy, Johnson, Carter, Clinton, Obama and Biden.
Each of them took every penny of the SS surplus and spent it.
How did you manage to not mention that?
