Current Events > US stocks soaring because of President Donald J. Trump and the GOP

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APM
12/04/17 11:59:48 AM
#1:


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KazumaKiryu
12/04/17 12:01:21 PM
#2:


It needed to rebound after the crash caused by ABC Fake News.
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clearaflagrantj
12/04/17 12:02:01 PM
#3:


So when will it trickle down?
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Tmaster148
12/04/17 12:02:23 PM
#4:


Stocks were rising during Obama's admin as well. Just because stocks are high doesn't mean anything.

Also everything is being set up for a crash similar to the one in 1929. So there's that.
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s0nicfan
12/04/17 12:02:48 PM
#5:


clearaflagrantj posted...
So when will it trickle down?


https://www.usatoday.com/story/money/economy/2017/10/19/u-s-unemployment-claims-fall-222-000-lowest-44-years/779522001/
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Heineken14
12/04/17 12:03:00 PM
#6:


Thanks, Obama.
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John_Galt
12/04/17 12:03:16 PM
#7:


Middle class Americans get a tax break and watch as their investment portfolios swell up?

#winning
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iamintents
12/04/17 12:03:38 PM
#8:


clearaflagrantj posted...
So when will it trickle down?

It wont
Ever
Just like Reagan
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APM
12/04/17 12:04:16 PM
#9:


s0nicfan posted...
clearaflagrantj posted...
So when will it trickle down?


https://www.usatoday.com/story/money/economy/2017/10/19/u-s-unemployment-claims-fall-222-000-lowest-44-years/779522001/

GOD BLESS DONALD J. TRUMP
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#10
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#11
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APM
12/04/17 12:05:17 PM
#12:


Spooking posted...
Is it possible for our credit rating to go back to AAA after Obama got it downgraded to AA?

Anything is possible with God emperor in charge
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Fin_Dawg_004
12/04/17 12:05:44 PM
#13:


thx obama god bls
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Heineken14
12/04/17 12:06:12 PM
#14:


Spooking posted...
Is it possible for our credit rating to go back to AAA after Obama got it downgraded to AA?


Fake News. It was downgraded because GOP partisanship.
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Anarchy_Juiblex
12/04/17 12:10:52 PM
#15:


Meh, AMD and Nvidia took a massive shit today. v.v
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Questionmarktarius
12/04/17 12:17:36 PM
#16:


s0nicfan posted...
clearaflagrantj posted...
So when will it trickle down?


https://www.usatoday.com/story/money/economy/2017/10/19/u-s-unemployment-claims-fall-222-000-lowest-44-years/779522001/

That's disingenuous, so long as the labor participation rate is pretty weak.
https://data.bls.gov/timeseries/LNS11300000

It's on a slight upward trend, but still down a bit from a decade ago.
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iamintents
12/04/17 12:19:42 PM
#17:


Trumpeters grasp one thing that will hurt middle class
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Wolf_J_Flywheel
12/04/17 12:21:09 PM
#18:


Big dick, big hands Trump's GDP @ 3.93%, remember when Obama had the media bragging about 1.5%? LOL TEFLON DON KEEPS ON ROCKING
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#19
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s0nicfan
12/04/17 12:24:02 PM
#20:


Questionmarktarius posted...
s0nicfan posted...
clearaflagrantj posted...
So when will it trickle down?


https://www.usatoday.com/story/money/economy/2017/10/19/u-s-unemployment-claims-fall-222-000-lowest-44-years/779522001/

That's disingenuous, so long as the labor participation rate is pretty weak.
https://data.bls.gov/timeseries/LNS11300000

It's on a slight upward trend, but still down a bit from a decade ago.


Yea, but it's only been a year. Evidence suggests companies are holding on to people now instead of shedding them. Once the labor market stabilizes I would expect growth to lead to new hires which would impact the participation rate.
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wickedmystic13
12/04/17 12:24:43 PM
#21:


Enjoy your higher taxes and cut services middle class, hope that winning feels good
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KazumaKiryu
12/04/17 12:33:33 PM
#22:


wickedmystic13 posted...
Enjoy your higher taxes and cut services middle class, hope that winning feels good


The middle class is having our taxes lowered, and it's retroactive. We'll all get larger refunds (or owe less) when we file our 2017 taxes.
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Questionmarktarius
12/04/17 12:38:36 PM
#23:


wickedmystic13 posted...
Enjoy your higher taxes and cut services middle class, hope that winning feels good

What services are even relevant to the middle class?

If it's mortgage interest deduction, then you shouldn't expect the rest of us to subsidize your mcmansion anyway.
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Balrog0
12/04/17 12:39:56 PM
#24:


Questionmarktarius posted...
What services are even relevant to the middle class?


medicare and social security
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wickedmystic13
12/04/17 12:43:05 PM
#25:


If you're getting a mcmansion it's fair to say you've disowned the middle class and are trying to pass yourself off as upper, no sympathy for them
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Questionmarktarius
12/04/17 12:45:44 PM
#26:


Balrog0 posted...
Questionmarktarius posted...
What services are even relevant to the middle class?


medicare and social security

I'd argue that retirees aren't actually middle class anymore, without significant retirement planning ahead of time.
Or, alternately, Warren Buffett is just as eligible for medicare and social security as anyone else.

And, of course, this brings us back to every other medicare "cut" ever: is it an actual cut, or a decrease in spending growth?
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Balrog0
12/04/17 12:51:07 PM
#27:


Questionmarktarius posted...
I'd argue that retirees aren't actually middle class anymore, without significant retirement planning ahead of time.


the average ss beneficiary makes 52k/yr for a married couple or 20k/yr for single people

I guess it is up to each person to determine whether that is poor or middle class

Questionmarktarius posted...
Or, alternately, Warren Buffet is just as eligible for medicare and social security as anyone else.


you asked what services were relevant to the middle class, not which ones they exclusively benefit from

Questionmarktarius posted...
And, of course, this brings us back to every other medicare "cut" ever: is it an actual cut, or a decrease in spending growth?


a decrease in spending growth for the government, a cut in payments to recipients
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Malcolm_McGuffi
12/04/17 12:51:43 PM
#28:


Dude why are so many people trolling as Republicans now
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Questionmarktarius
12/04/17 12:52:29 PM
#29:


Balrog0 posted...
a decrease in spending for the government, a cut in payments to recipients

Actual decrease this time?
Got a source?
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Balrog0
12/04/17 12:53:59 PM
#30:


I fixed my post
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wickedmystic13
12/04/17 1:01:00 PM
#31:


Malcolm_McGuffi posted...
Dude why are so many people trolling as Republicans now


It's the new punk rock don't you know. They're edgy and going against the liberal system
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creativerealms
12/04/17 1:01:40 PM
#32:


Lol.
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KazumaKiryu
12/04/17 1:12:41 PM
#33:


Malcolm_McGuffi posted...
Dude why are so many people trolling as Republicans now


You're really so sheltered you think any conservative views are fake trolling for attention.
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APM
12/04/17 2:36:03 PM
#34:


CrimsonRage posted...
Close your account

Lol matching name
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