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Jul 21 -Since election President Trump has added over 4 TRILLION dollars to nations wealth


 


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 2 years ago '07        #1
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theFREAK 4809 heat pts4809
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Jul 21 -Since election President Trump has added over 4 TRILLION dollars to nations wealth
 

 

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Last edited by theFREAK; 07-21-2017 at 11:16 AM..

44 comments for "Jul 21 -Since election President Trump has added over 4 TRILLION dollars to nations wealth"

 2 years ago '17        #2
fearlessherojg 
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National wealth means much less without proper redistribution either through tax, policies or programs. Top 1% and overall national wealth has increased and been increasing for the last near decade. Yet still a candidate can run and win off populist rhetoric and feelings of people being "left behind" (which I agree with, people have been left behind, but not only specifically the Trump voter base and not especially them either).

I'm just saying, you can't on one hand use inequality as a way to elect him, but use overall national wealth as a way to praise him. Most Trump supporters didn't vote for him because they felt our national wealth was too low.


Last edited by fearlessherojg; 07-22-2017 at 11:19 PM..

 2 years ago '07        #3
FeedTheBeast 24 heat pts24
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Clusterfu*k thread....where the receipts at bwoi??!!

 2 years ago '17        #4
fearlessherojg 
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 Realist1 said
If the headline was Trump decreases national wealth by 4trilly youd be signing a different tune

:jtlol:
What I would be saying in that case is we would still be in trouble, just a worse sort of trouble. The deal with national wealth is, when it decreases we the people feel it the worst. When it increases, we the people feel it the least.

I personally would be responsible with using national wealth or even stock market performance on pointing to real economic health, in the absence of any effective redistribution in place.

 2 years ago '07        #5
theFREAK 4809 heat pts4809 OP
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 FeedTheBeast said
Clusterfu*k thread....where the receipts at bwoi??!!
Oh sh*t my bad


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 2 years ago '12        #6
OldBusiness 176 heat pts176
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Ah man what wonderful policies has he passed

 2 years ago '16        #7
ThunnLanguage 13 heat pts13
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 theFREAK said
wait.. what?

what does this tweet have to do with thread title? think you got it fu*ked up here...

edit: I see your correction

 2 years ago '06        #8
NeverTrump 102 heat pts102
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Fake a*s news.

 2 years ago '07        #9
FeedTheBeast 24 heat pts24
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 theFREAK said
Oh sh*t my bad

So your only source is a tweet from twitter fingers??

 2 years ago '12        #10
OldBusiness 176 heat pts176
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 FLACO FINNESER said
You right just

Immigration

And

Deregulation

And so far so good

Wait till those tax cuts hit

U gonna b hard presssednto find a way to give credit to ya boy obama

Had his immigration policy altered and halfway out in place, and everything else has been trash.


Plus I won't be hard pressed for anything, my household eating good. Them tax cuts gonna destroy the middle class and you broke a*ses gone be crying



Also remind the other f*ggot in the thread that I have on ignore that he's a f*ggot and on ignore.



The party of f*ggots.

 2 years ago '07        #11
Damagegadget 495 heat pts495
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and what exactly has trump done to initiate this? Maybe because increased spending on things like guns and people building shelters cause they think its the end of the world fear is what drives consumption..makes sense to me

 2 years ago '07        #12
theFREAK 4809 heat pts4809 OP
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 FeedTheBeast said
So your only source is a tweet from twitter fingers??
There's clearly a video from Fox Business.

 2 years ago '16        #13
Ham Bannon 112 heat pts112
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straight from dear leaders twitter, it must be true


 2 years ago '12        #14
OldBusiness 176 heat pts176
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 FLACO FINNESER said
So u avoided the facts and began insulting

I stated the facts. You're just hopeless.


Go along kiddo

Do me a favor and name some policies he actually passed by the way

 2 years ago '07        #15
Damagegadget 495 heat pts495
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 theFREAK said
There's clearly a video from Faux Business.

 2 years ago '05        #16
Rockstar718 69 heat pts69
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 Realist1 said
dumb cats on boxden thinking any of what he did trickled down to them


 2 years ago '16        #17
KWizzle 1 heat pts
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Depressed ppl spend more money even if they dont have it

 2 years ago '16        #18
Bad 1 heat pts
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fake news.


 2 years ago '14        #19
TheRiverStyx 15 heat pts15
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I wonder if the increase has anything to do with the 19 states that raised the minimum wage beginning in January?

You know, the increase Fox was f*ghting against, and the President had nothing to do with?

 2 years ago '08        #20
tdnupe3 15 heat pts15
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I can tell you trump condom operators have NEVER even seen the doorknob of a macroeconomics class.

But you say that WE will believe anything.........................

 2 years ago '17        #21
fearlessherojg 
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 TheRiverStyx said
I wonder if the increase has anything to do with the 19 states that raised the minimum wage beginning in January?

You know, the increase Fox was f*ghting against, and the President had nothing to do with?
Probably not. Wage increases are really just a form of redistribution instead of new wealth unless the increased wages go towards investments (which they aren't big enough to do).

Bulk of this is probably from the financial sector and investments. Which means tax on it will likely be smaller than reported income from wages and salaries. Which means we might, and this is a big might, see maybe 10-15% of this four trillion if we a*sume there are no losses on it on the back end.

I wish it were or could be due to wage increases though. But the wage increases in some states aren't large enough to turn wage or salary workers into investors with trillions of new earning power.


Last edited by fearlessherojg; 07-21-2017 at 03:06 PM..

 2 years ago '08        #22
tdnupe3 15 heat pts15
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 TheRiverStyx said
I wonder if the increase has anything to do with the 19 states that raised the minimum wage beginning in January?

You know, the increase Fox was f*ghting against, and the President had nothing to do with?
An increase in the market is often a sign of inflation. It means that your dollar doesn't buy as much stock as it did previously. It doesn't necessarily mean the company is "worth" more. On the flipside, sometimes it means that people have more discretionary income to invest in stocks.

The market as it stands today is a factor of a few things (including but not limited to)

- the dollar is worth less. meaning that (hypothetically speaking) if a company's stock cost you 1.00 yesterday, and nothing about the company changes, and today it's worth a 1.25, that doesn't always equate to an increase of 25% in the "worth" of the company. It could mean that yesterdays dollar would cost you 1.25 today.

- many companies are making higher profits due to steady production with a decrease in input costs (employment expense/wages/jobs). If they can get the same production out of 75 people that they were getting out of 100 people, then it stands to reason that you only need 75 people on your payroll right? Can't be mad at companies for paying people what they are willing to accept. If someone will work more for less, then so be it.

- high frequency/algorithmic trading makes it seem as though there is a lot more activity in the market than there actually is. companies use high speed computers and algorithms to make hudreds (sometimes thousands) of trades per second in order to take advantage of miniscule gains (sometimes less than a penny per share). This props the market up and keeps a stocks price at an artificial price point because the computers are trading against one another.



Those are just a few reasons. But the current system is unsustainable. You need new money to be pumped into a ponzi scheem in order for people (other than brokers) to make money. When the market corrects itself, it will result in another economic downturn.

 2 years ago '16        #23
ThunnLanguage 13 heat pts13
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LOL@OP

So Microsoft, Apple, etc became super economic powers SINCE Trump's inauguration (and therefore, somehow, because of it), GTFOH

Trump has done NOTHING to cause this 4 triillion dollar addition..

In fact, the video cites the beloved trickle-down that the right adores so much (vs taxing the rich and giving to the poor)....
Ask Kansas how that's working out for them, and see what Trump and co. have in store for our country.



 2 years ago '04        #24
erickonasis 22 heat pts22
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Faker than the usual Fake News from him

 2 years ago '04        #25
erickonasis 22 heat pts22
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 DoABarrelRoll said
I mean he did get all of those Carrier jobs to stay in the US.

Wait, he didn't?

Well there were those Ford jobs that stayed in the country.

Those moved out too?

Regardless, there are all of those well paying jobs, especially in infrastructure.

That didn't happen either?
He got those coal miner jobs did you forget











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