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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 01-20-2018, 06:58 PM   #1
Jim in CT
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Join Date: Jul 2008
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Quote:
Originally Posted by wdmso View Post
8 years of Obama is why the economic out look is better
Not because of Trumps tax break .. the gop helped the wealthy as soon as it passed .. your trickle down hasn't helped the avg working Joe ... as you suggest let's see in 4 year when there is data aka facts to support your suggestion
All. Heard during the obama years was that people at the bottom missed out on the recovery. Specifically what did obama do that helps these people more than tax reform?
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Old 01-21-2018, 11:04 AM   #2
wdmso
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Quote:
Originally Posted by Jim in CT View Post
All. Heard during the obama years was that people at the bottom missed out on the recovery. Specifically what did obama do that helps these people more than tax reform?
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Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They simply are too broke to save

-The stock market has turned into a wild casino

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy

Last edited by wdmso; 01-21-2018 at 11:12 AM..
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Old 01-21-2018, 11:39 AM   #3
detbuch
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Quote:
Originally Posted by wdmso View Post
Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

So what was so good about the 8 year recovery if it helped those at the top disproportionately?

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

Who's avoiding this truth? Senate rules have changed several times so the party in power can do what it wants. There is no constitutional requirement that the Senate must make rules according to an established order. The Dems have changed rules.

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

According to you, the Trump numbers don't count, they don't mean something, they are fake, they are really Obama numbers not Trump numbers.

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They are simply too broke to save

The Obama "recovery" should have fixed that problem. Actually employed Americans have always been able to save. It has always been a matter of what to spend money on.

-The stock market has turned into a wild casino

But you attribute the rising stock prices all to Obama.

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy
Now those things are clearly attributable to Trump policies.
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Old 01-21-2018, 02:52 PM   #4
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by wdmso View Post
Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They simply are too broke to save

-The stock market has turned into a wild casino

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy
"Again you assume this Tax cut is going to help those at the bottom overnight"

No I do not assume that, it's based on empirical evidence of companies announcing raises, bonuses, new jobs. I give Obama credit for helping the economy. But not once did the Democrats do anything that incentivized companies to reward rank-and-file employees in this fashion.

"your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom"

When the economy grows, those at the top benefit more. You think that didn't happen when the stock market shot up during the Obama years? Or is income inequality only bad when the president is a republican?

"will champion the stock market today but before Trump took office it didnt count"

I always give Obama some credit for the stock market increase. Can you tell me if that helped the rich disproportionately?

"Only 44 percent of private sector workers participate in a defined contribution plan."

Because pensions are not viable or realistic. The reason the exist in the public sector is that you can just take my money with force of law. In the private sector, you have to make me choose to give you my money, and consumers want a low price, they aren't willing to pay exorbitant prices to companies that give pensions. You don't look for low prices?
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