Well it looks like the Orange idiot's policies have turned the ship and we are heading into a recession. And, so many of us knew that would happen, got to break the poor and keep them poor while keeping the elites and their money safe, so the serfs can work for them.... So much winning, can our country handle this? I can't believe people support this clown - I understand conservative thinking but this guy is just a crook. DD
The first trump budget started in oct 2017. Before that it was the Obama budget. We had the largest deficit in 6 year.
He's a corrupt member of the "investor class," although without seeing his tax returns, I have to wonder just what his business position is.
A whopping 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone’s stakes in pension plans, 401(k)’s and individual retirement accounts, as well as trust funds, mutual funds and college savings programs like 529 plans. Roughly half of all households don’t have a cent invested in stocks, whether through a 401(k) account or shares in General Electric. Link from the Failing NYT Stop spreading falsehoods please.
https://www.politifact.com/californ...-khanna/what-percentage-americans-own-stocks/ The data in the graph stems from a peer-reviewed academic paper. However, when we took a closer look, we found the data in the graph doesn’t directly support the claim that "most Americans don’t own stocks." In fact, the actual data on that question shows that a small majority of Americans do have a stake in the stock market. A once-every-three-years study by the Federal Reserve Board found that in 2016, 51.9 percent of families owned stocks, either directly or as part of a fund. And in 2017, Gallup found that 54 percent of respondents owned stocks either directly or as part of a fund.
Nothing there disputes any of the numbers posted. The bottom 80% own 6.7% and that includes their 401k despite the falsehood or ignorance DD posted.
Oh, I get it....and it is embarrassing - the disparity is appalling and any time in history it has gotten this out of control there has been a revolution. If we were in France we would be getting out the Guillotine. DD
