Its not a side effect of the free market. It's anti free market behavior that has created the wealth gap.FLBear5630 said:boognish_bear said:The Top 1% of U.S. earners now have more wealth than the entire middle class pic.twitter.com/wkpkVKFRlP
— Barchart (@Barchart) June 7, 2026
What happened to the trickle down????
I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.
Recession
256,593 Views |
2727 Replies |
Last: 9 hrs ago by boognish_bear
Doc Holliday said:Its not a side effect of the free market. It's anti free market behavior that has created the wealth gap.FLBear5630 said:boognish_bear said:The Top 1% of U.S. earners now have more wealth than the entire middle class pic.twitter.com/wkpkVKFRlP
— Barchart (@Barchart) June 7, 2026
What happened to the trickle down????
I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.
I used to believe that too. But, no. It is anytime Capitalism goes unchecked. Once the Bezos, Musks, etc get enough there is no fighting it. We got there with Carnegie, Rockefeller, etc until regulation came in. Teddy stepped in. We are there again. Too much wealth in too small a number of people. Seems to happen when there is a paradigm shift in technology.
Anytime the government touches something they ruin it. Full stop. The best government can do is to act as a neuronal mediator to make sure everyone plays by the same rules. And since we can never trust the politicians and bureaucrats to be honest there must be complete transparency, no opportunity for cheating (California law is structured for stealing elections), and fewer bureaucrats.
Disagree with your Govt view, anytime Capitalism is giving free reign the rights and well being of the workers become secondary. Watching alot of 60 year olds being pushed out to cut salary, nothing to do with performance. That is just wrong, people invest their lives to be reorg-ed after 25 years. Middle and upper middle class is getting shredded. Too much "efficiency" bouncing people just before retirement.
Your complaint is with Corporate Capitalism, not Free Market Capitalism.
That said, there's a lot wrong with the current way things are done, and the federal government is not exactly focused on helping regular people.
That said, there's a lot wrong with the current way things are done, and the federal government is not exactly focused on helping regular people.
That which does not kill me, will try again and get nastier
the response to the OP. We are basically in Ressession CPI up to 4.2%. Core is around 3%. The difference is Oil and Tariffs. 100% on Piggy. Biden hasn't been around for a while old83 and LJ.
You need less hate and more bacon in your life, JR.
That which does not kill me, will try again and get nastier
Warnock: Right now, somebody is trying to buy groceries in Georgia and they can’t afford them.
— Acyn (@Acyn) June 10, 2026
Rollins: That’s because of the Biden administration.
Warnock: Two years later and that’s your answer? Because of the Biden administration? pic.twitter.com/skAbI49LRC
Bidenflation has a lingering impact because although inflation has gone down and remained lower over the past 17 months (not 2 years), the prices of most goods have not gone back to where they were 5 years ago. Also, the fascists, especially rogue judges, have been fighting tooth and nail to prevent Trump's corrections of Biden's more egregious policies, especially defunding their slush funds and the deportation of illegals. Illegals are a real burden on the economy by taking that which that should go to Americans: jobs, housing, education opportunities, welfare assistance, and much more. All of this increased inflationary pressures.
That said, there are other factors such as the insane deficits & the Iran war.
That said, there are other factors such as the insane deficits & the Iran war.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
FLBear5630 said:
Lets see what the final numbers say. You guys are great at trusting projections and forecasts when they support you and those that dont are liberal biased.
What are the numbers, no plan BS. One year in, what id the debt and what is debt to GDP?
Sigh. They're called "leading economic indicators." Google it up.
No surprise they are positive. The pump has been primed enormously with the trade deals (I.E. something other than just deficit spending). But his policy represents a structural transformation of the economy, to move enough of corporate supply chain inside the USA to get us back to balanced trade, if not surplus. Such a policy is LONG overdue, and it does take time for the networks to rewire. The tariffs were just the blunt instrument to break the rusty bolts holding the old order together. The positive moves in the LEIs are clear evidence that the policy is having the intended effects.
Oldbear83 said:
You need less hate and more bacon in your life, JR.
mr. clown. I stated facts that you don't like and you certainly do not deal in facts just like lord piggy. Inflation is here. Go fill up. Viva la Liar
J.R. said:Oldbear83 said:
You need less hate and more bacon in your life, JR.
mr. clown. I stated facts that you don't like and you certainly do not deal in facts just like lord piggy. Inflation is here. Go fill up. Viva la Liar
Sir, your posts are remarkable for their aversion to the facts. You are therefore a constant source of accidental comedy.
That which does not kill me, will try again and get nastier
Do you actually live in the real world? Most Americans are going under.Probably not your circles, but your servants. Trumps policies have made even Biden look good! Most of us did better under Biden, unbelievable as that seems.
There is no trickle down, the top 1% may be doing great, but it is ending there. Freat if you are a billionaire.
There is no trickle down, the top 1% may be doing great, but it is ending there. Freat if you are a billionaire.
FLBear5630 said:
Do you actually live in the real world? Most Americans are going under.Probably not your circles, but your servants. Trumps policies have made even Biden look good! Most of us did better under Biden, unbelievable as that seems.
There is no trickle down, the top 1% may be doing great, but it is ending there. Freat if you are a billionaire.
You're telling me you aren't psyched about the "leading indicators" which may nor may not bring prosperity in the next 12-24 months?
Nothing can make Biden look good. Anyone who thinks so not paying attention. They might be delusional. These are the same people who don't know what a woman is and trust the government to fix everything.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
historian said:
Nothing can make Biden look good. Anyone who thinks so not paying attention. They might be delusional. These are the same people who don't know what a woman is and trust the government to fix everything.
You would think...
The teacher obviously does not understand economics, just Trump lies. Stick to history books.
3 likes from lil jr, Mitch bleeds blue, and Porteso
Danielsjackson114 said:
3 likes from lil jr, Mitch bleeds blue, and Porteso
You really should get over popularity and basing your believes on "likes". Be your own person, the world and MAGA does not have to like everything you do. Think for yourself, don't be a sheep.
I can imagine it is tough after living your life since High School worrying about whether people "like" what you say and do. But break away. You will find that you will be in a better place mentally. Good luck on your journey!
Danielsjackson114 said:
3 likes from lil jr, Mitch bleeds blue, and Porteso
hello Twink. How's Pride Month? Your parents let you out of the basement for the parades? Viva la punk azz
Yeah Biden was doing so well they yanked him from his own campaign
OK… Get your wallet out
BREAKING: SpaceX ($SPCX) shares are indicated to open at $171 in their Nasdaq debut, up 26.7% from the IPO price of $135 per share, per Bloomberg.
— unusual_whales (@unusual_whales) June 12, 2026
SpaceX IPO reportedly drew more than $350 billion total in demand.
JUST IN: 400 current & former SpaceX employees are poised to become worth over $100 million from the IPO.
— Polymarket (@Polymarket) June 12, 2026
Sounds like you guys are more interested in which one is king of the sandbox rather than making a reasonable contribution to the subject.
Is there a particular reason ?
Just a suggestion, perhaps.you guys should start your own thread
Is there a particular reason ?
Just a suggestion, perhaps.you guys should start your own thread
Danielsjackson114 said:
Yeah Biden was doing so well they yanked him from his own campaign
You didn't answer the question coward. How's pride month for you?
Mind blowing
🚨 #BREAKING: The average American is now closer to Jeff Bezos in net worth than Jeff Bezos is to Elon Musk.
— R A W S A L E R T S (@rawsalerts) June 12, 2026
Useless
Like black history month
Like black history month
That's what trillionaire means. Most have difficulty comprehending $1 trillion. It's $1 million times a million. Put another way, it is:
$1,000,000,000,000
Now imagine that times 40 and you have the national debt. We can thank the morons in Congress who have done nothing to bring spending under control.
The difference, of course, is that Elon Musk earned what he has while our leaders get paid an exceptionally high salary (top 1-2% income level) to do a terrible job managing this country and its economy.
$1,000,000,000,000
Now imagine that times 40 and you have the national debt. We can thank the morons in Congress who have done nothing to bring spending under control.
The difference, of course, is that Elon Musk earned what he has while our leaders get paid an exceptionally high salary (top 1-2% income level) to do a terrible job managing this country and its economy.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
boognish_bear said:
Mind blowing🚨 #BREAKING: The average American is now closer to Jeff Bezos in net worth than Jeff Bezos is to Elon Musk.
— R A W S A L E R T S (@rawsalerts) June 12, 2026
DOGE at work.
JUST IN: Nvidia is trading near its cheapest valuation in a decade
— Kalshi (@Kalshi) June 13, 2026
You are just saying stuff now to say stuff lol
You really dont find it interesting that the guy standing next to Trump in the Oval office and that gutted government departments that have oversight on his industries is now the 1st trillionaire?
Nothing there ...
Nothing there ...
No I'm not apart of the looney left nor do I have TDS so no…
You really are a MAGA sheep, arent you? Look up the number of Trump friends and associates that have increased their net worth in an economy that most are struggling in.
You really are good with it.
You really are good with it.
Your sacred Joe Biden, and Obama have increased their wealths throughout their presidencies.
Bernie Sanders preaches financial equity while flying around in private jets
Pelosi preaches bs while enriching herself
Joe Biden's son enriched himself throughout his dad's presidency
Illhan Omar and her Somali scum have enriched themselves by defrauding tax payers
This is probably not a good angle for you, and the virtue signaling looney left
Bernie Sanders preaches financial equity while flying around in private jets
Pelosi preaches bs while enriching herself
Joe Biden's son enriched himself throughout his dad's presidency
Illhan Omar and her Somali scum have enriched themselves by defrauding tax payers
This is probably not a good angle for you, and the virtue signaling looney left