Record bonuses on Wall Street in 2021, at the same time a lot of Americans are struggling.

[the other mike]

Those mask and vaccine manufacturers aren't the only ones enjoying the fruits of everyone else's struggling these days. The average Wall Street bonuses for traders and brokers is over $180,000, more than most family households bring in all year ....Big Pharma isn't hurting either...... Pfizer made $36 billion on vaccines alone this year,

An interesting phenomenon happened in mid-to-late 2020 and during 2021. A large number of people who were bored and stuck at home resorted to day trading. The stock-buying frenzy sent prices to all-time record highs.

While Most Americans Suffered Financially During The Pandemic, The Average Bonus On Wall Street Sharply Increased 10% To $184,000

According to New York State Comptroller Thomas P. DiNapoli, profits on Wall Street sharply increased in 2020 “because of an increase in trading and underwriting activity, along with lower interest rates.”

www.forbes.com

 

[pknopp]

According to arguments in another thread we have to do this. It would be horrible if we didn't so you should be happy that people are paying record prices for everything so that those on Wall Street can get record bonuses.

 

[Meister]

A lot of Americans are always struggling, what does that have to do with Wall St. and bonuses?

 

[the other mike]

Still, if I was living in NY, making a half million or million a year, and they tried to force the jab on me, I'd be out of there faster than you can say omicron 3 times.

 

[Meister]

According to arguments in another thread we have to do this. It would be horrible if we didn't so you should be happy that people are paying record prices for everything so that those on Wall Street can get record bonuses.

The government needs to bleed those who are successful more than they already are, right?

 

[pknopp]

The government needs to bleed those who are successful more than they already are, right?

Why is it that the government should be continuing to feed them? Free is good as long as it's wall street?

 

[Meister]

Still, if I was living in NY, making a half million or million a year, and they tried to force the jab on me, I'd be out of there faster than you can say omicron 3 times.

That would be a wise move on your behalf. NY would be trying to get to your deep pockets and lighten them for you.

 

[Meister]

Why is it that the government should be continuing to feed them? Free is good as long as it's wall street?

The government doesn't feed them, we feed them, right?
It's our money that the government takes, they would be penniless if not for us.

 

[pknopp]

The government doesn't feed them, we feed them, right?
It's our money that the government takes, they would be penniless if not for us.

Take? No one is taking the billions and billions and billions we continued to pump into the markets.

 

[the other mike]

That would be a wise move on your behalf. NY would be trying to get to your deep pockets and lighten for you.

When I lived there, $10k was considered to be a really good bonus. (80-81) I'd never go back especially since 9/11.

 

[Manonthestreet]

How is your 401 or IRA......

 

[EyeBRollin]

But conservatives keep voting Republican…

 

[wamose]

Biden was always professional at kissing rich establishment asses.

 

[Meister]

But conservatives keep voting Republican…

A lot do, not all. But, what is your point?
Not like they would vote for what your ilk is offering these days.

 

[rightwinger]

A lot of Americans are always struggling, what does that have to do with Wall St. and bonuses?

Wall St is not struggling
They had record profits in .2021

 

[Meister]

Wall St is not struggling
They had record profits in .2021

Thank you Donald Trump

 

[rightwinger]

Thank you Donald Trump

The Amazing Biden is our President

 

[Meister]

The Amazing Biden is our President

The amazing Biden would have taxed those profits into submission.
Thank you Donald Trump.

Let's Go Brandon

 

[the other mike]

But conservatives keep voting Republican…

Trump ( the only Republican I ever voted for ) had the economy rolling until the planDemic came along.

 

[pknopp]

Trump ( the only Republican I ever voted for ) had the economy rolling until the planDemic came along.

If the economy had really been that good there was no reason for the continued pumping which Trump continued to call for. If the economy was so good, that is the time you raise taxes to address the debt, not continue to raise the debt. If the economy was so good you don't call for negative interest rates.