Why do working class Americans vote against their self interests?

[Carl in Michigan]

Working class Americans making $40,000- $50,000 a year proudly fly their TRUMP flags from their Pickup Trucks

But it is Bidenomics and the Harris economic plans that focus on stimulating the middle class. Do what is best for the working class.

The Trump economic plan is focused on what is best for Elon Musk

Because life is more expensive when Democrats are in power

 

[MisterBeale]

 

[LordBrownTrout]

Wrong.

The CHIPS Act has resulted in all five of the global chipmakers committing to building plants in the US.

The Taiwan Semiconductor Manufacturing Company built a plant in Arizona which is already exceeding production yields of its factories in Taiwan.

Investment in factories has more than DOUBLED since Biden took office. For the electronics industry, it has nearly QUADRUPLED.

Trump's 2017 tax cut inspired ZERO investment.

The Inflation Reduction Act is investment in manufacturing. As a result, factory construction has been skyrocketing and manufacturing jobs will also experience a boom.

Fact Sheet: The Manufacturing Renaissance That Will Drive the Economy of the Future​

Check out the charts on that page.

Trump will take credit for all the benefits we will reap down the line from Biden's hard work. You can count on it.

Actually, no. It has been a colossal failure.

US CHIPS Act Fails To Achieve The Industrial Revolution Planned By The Biden Administration, 40% Investments Reportedly Delayed or Halted

CHIPS Act initiative hasn't worked out quite as expected, as the FT reports that 40% of large-scale investments are either halted or delayed.

wccftech.com

 

[August West]

Working class Americans making $40,000- $50,000 a year proudly fly their TRUMP flags from their Pickup Trucks

But it is Bidenomics and the Harris economic plans that focus on stimulating the middle class. Do what is best for the working class.

The Trump economic plan is focused on what is best for Elon Musk

They`re proud of their racial hatred. I was a steelworker for 35 years and when it came to voting, I`d say nearly half cared more about their "gun rights" than their jobs. They would never deny a person a chance to mow down a classroom full of 4th graders and their teachers. Yep, guns and race were more important to them. Being 20 miles north of Pittsburgh, I`m less than 10 miles away from people who often don`t have a full set of teeth. I have a rescue wife that I got out of Butler County. That`s the county where Trump was shot at his Klan rally.

 

[Lesh]

In response to losing market share Fannie and Freddie then began lowering their standards to satisfy their shareholders

And in response to government mandates.

In response to pressure from their shareholders…so they got into the Ponzi scheme of derivatives too late and got spanked

 

[DBA]

It takes half a brain to believe that lie.

Bear Stearns was not subject to the CRA.

Lehman Brothers was not subject to the CRA.

Merrill Lynch was not subject to the CRA.

Goldman Sachs was not subject to the CRA.

Countrywide was not subject to the CRA.

AIG was not subject to the CRA.

Kaupthing was not subject to the CRA.

Landsbanki was not subject to the CRA.

Glitnir was not subject to the CRA.

The Bank of Ireland was not subject to the CRA.

Allied Irish Banks were not subject to the CRA.

Anglo Irish Bank was not subject to the CRA.

Spain's banks were not subject to the CRA.

Germany's banks were not subject to the CRA.

Britain's banks were not subject to the CRA.

Greece's banks were not subject to the CRA.

What's more, you had to be willfully blind not to notice all those white middle class houses which foreclosed in your town.


The middle class and the wealthy can borrow more money than the poor. And so they were the primary targets of mortgage brokers. And they were all offered HELOCs at the same time they were applying for a mortgage.

The idiots didn't just buy houses on borrowed money, they bought boats and motorcycles and Disney vacations.

So, yeah. I picture clueless blind people like you observing all the white middle class people in your town foreclosing and saying to yourselves, "I had no idea Biff was a negro!"

How else could you have closed the loop on your idiotic CRA meme while observing all those white people defaulting?

Restrictions were lowered. Both Democrats and Republicans supported that deregulation and that deregulation was borne out of the ideas from CRA. "From 1994 to 2003 Fannie Mae and Freddie Mac's loans to low and middle income borrowers jumped from 34% to 50%." Again, spin it however you would like, but deregulation wasa by product of CRA.

 

[Robert W]

Appraisers were just as crooked as the brokers.

There was corruption all down the line. Appraisers, realtors, brokers, banks, ratings agencies, and the borrowers themselves.

They were all in it for the fees.

Some were. Most were licensed and not willing to risk their licenses for a paltry few bucks. I recall the time when I was an appraiser having the homeowner tell me they were scared to do the fraud engaged in by their lender. And that lender was put out of business by California.

 

[Robert W]

In response to pressure from their shareholders…so they got into the Ponzi scheme of derivatives too late and got spanked

You give off the appearance of a no truth poster based on all the shit you spew.

Why did both Fannie and Freddie have to be taken over by the Feds?

 

[Lesh]

You give off the appearance of a no truth poster based on all the shit you spew.

Why did both Fannie and Freddie have to be taken over by the Feds?

You are the epitome of dishonesty

And F&F has already been explained.

But then being a MORTGAGE BROKER…,you knew full well they were more victim than cause

 

[Robert W]

But then being a MORTGAGE BROKER…,you knew full well they were more victim than cause

Freddie and Fannie were the major reason the market went to shit.

 

[Lesh]

Some were. Most were licensed and not willing to risk their licenses for a paltry few bucks. I recall the time when I was an appraiser having the homeowner tell me they were scared to do the fraud engaged in by their lender. And that lender was put out of business by California.

How many NINJA loans did you sell you old fuck. Too many to count?

 

[Robert W]

How many NINJA loans did you sell you old fuck. Too many to count?

None you worthless scum.

 

[Lesh]

Freddie and Fannie were the major reason the market went to shit.

Stop lying

It was because of people like you selling sub prime loans on the private market others and betting against them

 

[Lesh]

None you worthless scum.

Then you were a failure or you’re lying

 

[Woodznutz]

Defund the Policemen of the World

Why should taxpayers fund a selected tiny minority of industries? The only beneficial result of their profits would be if we quit defending other countries and make these chickenhawk parasites sign over their own taxes to some of our industries. Get our military out of NYETO and the Pacific Rim, and we will benefit from their paranoia about Russia and China. The increased profits of the M-IC will then lower the taxes of those who don't work in it.

The economic tentacles of the MIC spread far and wide and include many small businesses.

 

[badbob85037]

Working class Americans making $40,000- $50,000 a year proudly fly their TRUMP flags from their Pickup Trucks

But it is Bidenomics and the Harris economic plans that focus on stimulating the middle class. Do what is best for the working class.

The Trump economic plan is focused on what is best for Elon Musk

Look, I know right now you are all butt hurt about the election. With the price of everything we buy doubled or more you have failed to notice but somehow overnight you're in a panic attack. Chill take a bottle of aspirins and call your doctor in the morning.

 

[rightwinger]

Look, I know right now you are all butt hurt about the election. With the price of everything we buy doubled or more you have failed to notice but somehow overnight you're in a panic attack. Chill take a bottle of aspirins and call your doctor in the morning.

Looking forward to Trump lowering prices

 

[g5000]

Restrictions were lowered. Both Democrats and Republicans supported that deregulation and that deregulation was borne out of the ideas from CRA. "From 1994 to 2003 Fannie Mae and Freddie Mac's loans to low and middle income borrowers jumped from 34% to 50%." Again, spin it however you would like, but deregulation wasa by product of CRA.

No, deregulation was a byproduct of Wall Street greed.

And look at what happened to the GSEs market share after 2003.

The bubble didn't start until after then.

 

[g5000]

Look, I know right now you are all butt hurt about the election. With the price of everything we buy doubled or more you have failed to notice but somehow overnight you're in a panic attack. Chill take a bottle of aspirins and call your doctor in the morning.

Prices have not doubled.

And since 2023, wages have been outpacing inflation.

And inflation is now down to the target rate.

The mess Biden inherited has been cleaned up. The economy is set to blast off.

You're welcome.

 

[hadit]

Both parties are working for the little guys in degrees. The republicans are offering unstable growth , unsecured funding and poor leadership. Schemes are never better than practical and pragmatic leadership. You won't realize what is going down until it,'s too late. I don't care to gamble with the US future.

Well, betting on democrats to have your best interests at heart is a sure loser, so enjoy.