Who do you think wins?

Here is how stupid Americans are. The rich are doing great. Never been better. Other than workers are asking for more money. That would cut into the profits. Can't pay more. They can pay the CEO and VP's a lot more but not the workers. That's asking too much. Not good for profits/shareholders. Makes sense right?

So Trump ran on he's going to fix inflation. He's going to lower costs. How? Drill baby drill. That's what he said every time he was asked how. Drill baby drill. Okay but what about

Walmart And Lowe's Warn That Trump's Tariffs May Cause Price Hikes​

"There probably will be cases where prices will go up for consumers," Walmart's CFO said.

Uneducated blue collar workers who voted for Trump, ya fucked yourselves. Think Biden wasn't good enough to you? You'll see.

I'm just going to thank god I have more money than the median American.

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

50-somethings

  • Average net worth: $1,132,532 (ages 50-54), $1,442,075 (ages 55-59)
  • Median net worth: $272,800 (ages 50-54), $320,700 (ages 55-59)
I'm not in the Average but not in the Median either. Sort of in between. I expect to have $1 million before I hit 60. Maybe $1,200,000? Maybe $1,400,000? That would be great.
You really should cut out all this class warfare bullshit because it has no application to today's America. Who benefits from higher corporate profits? If you own mutual funds or have a pension or an IRA, you do because your retirement savings are invested in those corporations enjoying those higher profits.

Trump says he will impose tariffs to try to keep good paying manufacturing jobs in America, and the Dems say but that will cause you to pay more for some items. In other words, Trump wants to keep your job from being exported to China and the Dems want to help you save a few dollars on your next TV; who would be stupid enough to vote for the Democrats?
 
There is no doubt that Trump supporters will support paying 20% more for everything because Trump is in the process of making America great again with his tariffs.

Since it won't hurt me too much at all, I'm going to love hearing the spin coming from people justifying paying more.

I, as a true liberal progressive democrat, have always advocated for buying American even if it means paying more. Ultimately, it benefits us all. But that may not be so easy to go back to that now that Republicans sold us on NAFTA. Remember, during the Bush 2000's I spent that entire time defending union workers from conservatives attacks. Today it's Republicans who say they want to MAGA for those overpaid uneducated blue collar workers? No they don't.

UNLESS, they mean better than they make now but not as good as they did back when they were in unions. That might be possible. Maybe Republicans can help uneducated blue collar workers from where they are right now. One way is if illegals truly leave. If they do, again, prices are going to go up because those uneducated blue collar workers won't work for that cheap.

This reminds me of paying off the debt. We gave rich people tax breaks during Reagan, Bush 2 and Trump. But when/if they ever try to pay off the debt, the first thing they'll do is come after us and social programs that benefit us. That will cause us pain too. Like I said, those tax breaks to the rich would ultimately shift the burden on to the rest of us. And if we suggest rolling back the reagan, bush and Trump tax breaks they cry class warfare.

I'm looking forward to my prediction coming true that everyone is going to take a 20% cut to social security. I'll survive that. I may not leave as much to my nephews but both of them will be millionaires by the time they are 65 so fuck them. LOL.

I don't have any kids so if I have to tap into my savings, I will remind my nephews they voted for Trump.
 
What sector?


Technology, retail, energy, healthcare or manufacturing?

Tariffs are a different story. Trump has threatened tariffs on imported vehicles to force more production in the U.S. The threat of 100% tariffs on vehicles imported from Mexico is a big concern.

Morningstar analyst David Whiston said such tariffs could potentially cost General Motors, Stellantis and Ford billions in profits. About 30% of GM’s North American production comes from Mexico, while it’s 24% for Stellantis and about 15% for Ford.

Whiston notes that tariffs on vehicles built in Mexico would violate the U.S.-Mexico-Canada free trade agreement negotiated during Trump’s first term. But that can be reworked in July of 2026. Whiston said those tariffs would mean higher prices and many buyers already can’t afford the current average price of over $47,000.

Trump also has threatened to get rid of electric vehicle tax credits that have helped boost sales of EVs.
What sector what? You are just trying to prop up the Dems ridiculous propaganda that it is better for you to pay less for a TV than to keep your job.
 
You really should cut out all this class warfare bullshit because it has no application to today's America. Who benefits from higher corporate profits? If you own mutual funds or have a pension or an IRA, you do because your retirement savings are invested in those corporations enjoying those higher profits.

Trump says he will impose tariffs to try to keep good paying manufacturing jobs in America, and the Dems say but that will cause you to pay more for some items. In other words, Trump wants to keep your job from being exported to China and the Dems want to help you save a few dollars on your next TV; who would be stupid enough to vote for the Democrats?
There it is! Class warfare. LOL. I see we are back to Republicans being in charge. The Oligarchs are back in control!!!

There it is! Do you have a 401K? LOL. Yea, we told you this under Biden when his stock market was even better than Trump 1.0's stock market. Biden also was a bigger energy president than Trump and blacks did better under Biden than under Trump. Based on the same numbers Trump used to brag, Biden beat him. Facts.

I like making and buying American. Trump should have bought his bibles in America. Instead he bought from China. See why government needs to regulate capitalism?
 
There it is! Class warfare. LOL. I see we are back to Republicans being in charge. The Oligarchs are back in control!!!

There it is! Do you have a 401K? LOL. Yea, we told you this under Biden when his stock market was even better than Trump 1.0's stock market. Biden also was a bigger energy president than Trump and blacks did better under Biden than under Trump. Based on the same numbers Trump used to brag, Biden beat him. Facts.

I like making and buying American. Trump should have bought his bibles in America. Instead he bought from China. See why government needs to regulate capitalism?
Now you are just ranting. In your last post you complained about corporate profits being too high at the expense of workers, now you're arguing that high corporate profits are good for workers. This is what happens when you blindly follow an ideology without thinking through what its real life effects will be. Biden won in 1990 because Trump and his campaign managers were off the campaign trail for 10 days in Oct when they contracted covid.
 
Now you are just ranting. In your last post you complained about corporate profits being too high at the expense of workers, now you're arguing that high corporate profits are good for workers. This is what happens when you blindly follow an ideology without thinking through what its real life effects will be. Biden won in 1990 because Trump and his campaign managers were off the campaign trail for 10 days in Oct when they contracted covid.

Can't both be true? Of course high profits are good for workers. But do companies share the profits with workers or just the CEO, VP's and shareholders?

Remember, from 1978 to now CEO pay went up 1322% and your pay only 18%. That's why you're so angry you voted for an idiot. You're fed up with government. You must be doing really bad. That or you are socially conservative so you vote against your own financial interests not even realizing it.
 
Can't both be true? Of course high profits are good for workers. But do companies share the profits with workers or just the CEO, VP's and shareholders?

Remember, from 1978 to now CEO pay went up 1322% and your pay only 18%. That's why you're so angry you voted for an idiot. You're fed up with government. You must be doing really bad. That or you are socially conservative so you vote against your own financial interests not even realizing it.
Again, you try to cling to class warfare rhetoric that has no application to modern America. Middle class workers are investors in many corporations through their retirement savings, and it is fair to say they benefit from the high salaries CEO's are paid. CEO salaries are determined by boards of directors who have a fiduciary responsibility to maximize profits for the corporation. Other workers are compensated on the same principle, according to their ability to help maximize profits for the corporation.

"A rising tide lifts all boats."

JFK
 
What's weird is that we all lost. The rich just COMPLETELY took over. This is like Reaganomics all over again. The middle class don't realize they just voted their demise. Not that we can't reverse it later, but get ready for another 40 years of the widening gap between the rich and poor.

And we will have all the same arguments all over again. You won't want to pay these uneducated blue collar workers more. Like last time, you'll argue to make things cheaper. Which is why you loved buying cheap shit from China during the Bush years. Dollar stores made people forget they don't make as much as they did during the Clinton years. Millions of union jobs gone in the 2000's. It's those people who voted for Trump. And Trump don't like unions. Biden did though. Don't forget that. Unions have been winning big these last 4 years. Trump will put a stop to that. And you'll cheer you dumb son of a bitch. Meanwhile wack a mole with illegals may help the uneducated blue collar but then prices are going up. They want more than illegals make. That's inflation.
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There is no doubt that Trump supporters will support paying 20% more for everything because Trump is in the process of making America great again with his tariffs.

Since it won't hurt me too much at all, I'm going to love hearing the spin coming from people justifying paying more.
Isn't it funny how higher prices from tariffs are blamed on the evil politicians while higher prices from tax increases are blamed on the evil CEOs even though both are caused by the politicians? Fascinating.
 
What do you do that you think Trump's going to help you financially? I hope you are right. And maybe you work for oil and coal IDK.

This is why Republicans eventually lose power. Their policies suck. They talk a good game to voters who have short memories.
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