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Topic | Politics Containment Topic 119: This Place is a Dump |
red sox 777 08/03/17 8:38:08 PM #46: | They would probably do better to talk about the total wealth destroyed, rather than percentages. I think 0.3% of US stocks is pretty close to $100 billion. And, since Trump took office, the average (arithmetic mean) American has gotten about $16,000 richer from stocks alone. And that includes children, retired, and unemployed people, so if you are an average (arithmetic mean) working person, you've probably gotten around 30k richer just from stocks. Of course, Americans hold much more wealth in real estate than stocks, so really, you should be crediting Trump with a gain of at least 100k....and that's either gonna be taxed at 15% for stocks or 0% for real estate, as long as you always buy another house when you sell yours. Given the high taxes imposed by Democrats on income from working, President Trump has increased your wealth by the equivalent of at least 150k in earned income in 6 months. All while going on vacation every week and using most of his working hours fending off witch hunts. What a dealmaking master! What's that you say? Median? No, no, arithmetic mean is much better, median is fake news, that's all folks. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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