If you don't have enough money, it is your fault

[pknopp]

That's one take. Here's another:​

​

Billionaires' wealth is concentrated in company stock, and their companies' value lies mostly in ideas and processes, not cash and physical property. The economy depends on some people having more than they need to consume, as their investments of capital fund business operations and private lending.May 13, 2024​

The Wealth of Billionaires: Where It Came From, Where It ...​

​

The Heritage Foundation​

https://www.heritage.org/.../the-wealth-billionaires-where...​

​

​

And that stock is worth what it is because of the Federal Reserve inflating it to where it is. Not everyone benefits like some others do. No one worked for this money.

 

[Concerned American]

No one worked for this money.

No one worked for SNAP, Welfare, Medicaid, or student loan forgiveness. The money and risk that was invested in those stocks WAS WORKED FOR, moron.

 

[Dont Taz Me Bro]

If you don't have enough money, it is your fault

​

Who else’s fault would it be?

 

[pknopp]

No one worked for SNAP, Welfare, Medicaid, or student loan forgiveness. The money and risk that was invested in those stocks WAS WORKED FOR, moron.

No it wasn't. It was simply created out of nothing by the Federal Reserve.

 

[ElmerMudd]

Ask Soros, Gates, Zuckerberg, Bezos, Buffett etc. All those good democrats that aren't paying their fair share but always get left out of the discussion when democrats are pointing fingers. Hmm. I think you can join the ranks of the hypocrites. It is clear you're a democrat.

They all still vote for Democrats knowing they will pay higher taxes because they feel it is best for the countries

 

[ElmerMudd]

Who else’s fault would it be?

MAGA blames it on immigrants and the deep state among others.

 

[pknopp]

They all still vote for Democrats knowing they will pay higher taxes because they feel it is best for the countries

Paying off our debt is best for the country.

 

[ElmerMudd]

Paying off our debt is best for the country.

To pay off our debt we should be increasing taxes and cutting costs and services.
Americans will not vote for that.

 

[pknopp]

To pay off our debt we should be increasing taxes and cutting costs and services.
Americans will not vote for that.

They may not but I was simply noting what is best for the country.

 

[g5000]

If you don't have enough money, it is your fault

Suze Orman Says 'If You're Struggling Financially, It's Your Fault'​

Quit blaming the government. That is not conservative values. MAGA are not conservatives. They are a group of whiners who expect Donald Trump will take care of all their problems.

Suze Orman Says 'If You're Struggling Financially, It's Your Fault' – Try These 3 Tips To Hit Your Money Goals

Suze Orman, the famous personal finance guru, got people talking recently when she made a bold statement at one of her hugely popular finance seminars. “If you don’t have the money that you want in your life, you are the reason why,” Orman told her audience. The tough-love approach is typical of...

finance.yahoo.com

If you don't have enough money, you probably attended Trump University and bought DJT stock.

 

[ElmerMudd]

They may not but I was simply noting what is best for the country.

I agree. It is more the voters fault we don't balance our budget than the politicians.

 

[expat_panama]

That's one take. Here's another:​

​

Billionaires' wealth is concentrated in company stock, and their companies' value lies mostly in ideas and processes, not cash and physical property. The economy depends on some people having more than they need to consume, as their investments of capital fund business operations and private lending.May 13, 2024​

The Wealth of Billionaires: Where It Came From, Where It ...​

​

The Heritage Foundation​

https://www.heritage.org/.../the-wealth-billionaires-where...​

And that stock is worth what it is because of the Federal Reserve inflating it to where it is. Not everyone benefits like some others do. No one worked for this money.

First, the Fed doesn't do stock prices. Stock prices are set by an open market. Second, most people own stocks/stock funds/stock (the WSJ says 58% of households) savings plans/iras etc.

 

[pknopp]

First, the Fed doesn't do stock prices. Stock prices are set by an open market. Second, most people own stocks/stock funds/stock (the WSJ says 58% of households) savings plans/iras etc.

I didn't say "they did stocks". Why would you claim I said they do something I never said?

 

[expat_panama]

I didn't say "they did stocks". Why would you claim I said they do something I never said?

you're absolutely right, I was wrong and I'm grateful that you corrected me!

 

[WEATHER53]

Who else’s”fault” would it be?

 

[Zincwarrior]

If you are not happy with your own financial situation, it is your own fault.

Now tell us about western North Carolina.