Donald Trump: Criticism & Debate Thread

[Cooper]

Around 60% of Americans can't afford to cover an emergency and are living paycheck to paycheck. The situation has gotten worse, but very gradually over the last several decades.

One striking stat I looked at was the Married With Children narrative in 1990 Chicago, where Al Bundy was able to raise a family with a stay at home mother on a shoe salesman's salary. I worked the numbers and that scenario turned out to be realistic back then (median home price in 1990 Chicago $106k. and his salary aroud $25k). Today that family with the wife working would just be able to rent an apartment in a bad Chicago neighborhood.

The upper quarter in the US is doing OK, and the top 10%-20% have had good appreciations in their 401k, home equity and portfolios, while the bottom 2/3 are struggling with inflation in housing, food, healthcare, education reducing their purchasing power.

We are in what is known as a K-shaped economy:

The K-shaped economy of the rich doing fine and everyone else struggling is back — and it could mean a rocky 2026

The US is once again teetering into an economy where high earners keep things afloat, and lower earners see cooling prospects.

www.businessinsider.com

https://finance.yahoo.com/news/economist-popularized-k-shaped-economy-174257576.html

 

[It_Is_My_Time]

Around 60% of Americans can't afford to cover an emergency and are living paycheck to paycheck. The situation has gotten worse, but very gradually over the last several decades.

One striking stat I looked at was the Married With Children narrative in 1990 Chicago, where Al Bundy was able to raise a family with a stay at home mother on a shoe salesman's salary. I worked the numbers and that scenario turned out to be realistic back then (median home price in 1990 Chicago $106k. and his salary aroud $25k). Today that family with the wife working would just be able to rent an apartment in a bad Chicago neighborhood.

The upper quarter in the US is doing OK, and the top 10%-20% have had good appreciations in their 401k, home equity and portfolios, while the bottom 2/3 are struggling with inflation in housing, food, healthcare, education reducing their purchasing power.

We are in what is known as a K-shaped economy:

The K-shaped economy of the rich doing fine and everyone else struggling is back — and it could mean a rocky 2026

The US is once again teetering into an economy where high earners keep things afloat, and lower earners see cooling prospects.

www.businessinsider.com

https://finance.yahoo.com/news/economist-popularized-k-shaped-economy-174257576.html

I don't know if anyone here follows the economy or the stock markets in much detail, but this term is called the "K-Shaped economy". Meaning the top 10% are doing better than ever before and are keeping the stock market bubble and retail spending at okay levels. It covers up how bad the economy really is doing. The bottom 90% are getting destroyed. I am in the top 10%, but I actually follow this stuff and talk to a lot of people about it on a weekly basis and I believe we are truly in a depression.

It isn't scary we are in a depression, what is scary is we have the Epstein Administration pushing for the mother of all wars, because they are too low IQ/satanic to realize that we simply cannot afford it.

 

[InspCallahan]

The problem is lots of High paying jobs are tweaked with political dollars attached...

Another is...the printing has destroyed average jobs wage value that historically would allow a Functioning Middle class...eventually that metric gets moved for the connected, so they don't feel the pain as much...the Metric hasn't moved for 90+% of the people.

Someone mentioned adapt...well that's true to an extent...but what does that mean necessarily? Sounds like the Learn to Code Mantra of group that was in the Money and they feel like they've worked hard and they deserve it. Ok....there is some advancement in certain sectors, but not always..so we need this constant moving around to get the $100K+ income? The problem is is that the money policies have favored Finance over Workers...folks lived and died working the relative same job and had "Things" in the past..
The money Policies have favored what I call Rich Man Socialism to shore up and continue the Boom Bust cycle of constant fiat influx and to keep the Demand up. This ends badly for the working class...cool story if you got to live through the stable times and bought on the cheap, not so if ur a kid without help or means to get ahead of the game. And I'm not saying folks don't need to leave to find opportunities, but this constant movement is a Product of instability and creates an environment where the Oligarchs get No Community Pushback...thus the constant search for the Golden Goose.

Capitalism without debt clearing is just Socialism for the Rich. This is a very Anti-European and Christian Economic Model...it doesn't even favor the True Capable Elite, just a bunch of Pi$$ head folks that think they have privilege to stay Wealthy forever.