Mayor Pete, "Capitalism has let many people down!"

[progressive hunter]

I maybe unlike you and specifically Dalio deal in reality. Facts.

Facts regarding Millionaires
Explain how come in 1890, there were about 4,000 millionaires in the United States,
Google Answers: statistics on millionaires, late 1800s
In terms of today's dollars one million in 1890 would be equal to $27 million today.
FACT: The Inflation Calculator
How many people in the USA have net worth over $25 million today?

There were 172,000 households with net worth above $25 million...
The Number of High-Net-Worth Households in the US Continues to Grow - Marketing Charts

So in the 128 years since 1890 there are 1,312 times as many millionaires. Again explain how that has happened?
How many people are millionaires in today's dollars?
The U.S. now has close to 11 million millionaires, up 6 percent from 2016, according to data from the Spectrum Group's Market Insights Report 2018.
Here’s how many millionaires there are in the U.S.

So these people don't seem to have a problem with "Capitalism" working in the USA today.

and what has happened to the middle class, what has happened to wages?

Are you saying that an average CEO making over 300 times more than his average salaried employee is a good thing? Why?

its good for the CEO,,,and good for the employee since without the CEO he wouldnt be making anything,,,

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

I've been self employed for 25 yrs

Your point?

that I dont need the wealthy to be my savior,,,I can do that myself,,,,as should you whiny commie pricks,,,,

 

[Biff_Poindexter]

Legendary hedge fund manager, Ray Dalio said the same thing...is he an anti-capitalist America hating socialist too?

"The current polarization—both politically and socially—is most analogous to the 1930s, he argued. “It has to be dealt with,” Dalio said, saying if he were running things, he’d declare the wealth gap and opportunity gap a “national emergency.”

Billionaire Ray Dalio Says “Capitalism Is Not Working” for Most People

I maybe unlike you and specifically Dalio deal in reality. Facts.

Facts regarding Millionaires
Explain how come in 1890, there were about 4,000 millionaires in the United States,
Google Answers: statistics on millionaires, late 1800s
In terms of today's dollars one million in 1890 would be equal to $27 million today.
FACT: The Inflation Calculator
How many people in the USA have net worth over $25 million today?

There were 172,000 households with net worth above $25 million...
The Number of High-Net-Worth Households in the US Continues to Grow - Marketing Charts

So in the 128 years since 1890 there are 1,312 times as many millionaires. Again explain how that has happened?
How many people are millionaires in today's dollars?
The U.S. now has close to 11 million millionaires, up 6 percent from 2016, according to data from the Spectrum Group's Market Insights Report 2018.
Here’s how many millionaires there are in the U.S.

So these people don't seem to have a problem with "Capitalism" working in the USA today.

and what has happened to the middle class, what has happened to wages?

Are you saying that an average CEO making over 300 times more than his average salaried employee is a good thing? Why?

its good for the CEO,,,and good for the employee since without the CEO he wouldnt be making anything,,,

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

consumers are after the fact,,,

Consumers are the ones who power the economy, definitely more than CEO's -- they come and go.....

 

[progressive hunter]

I maybe unlike you and specifically Dalio deal in reality. Facts.

Facts regarding Millionaires
Explain how come in 1890, there were about 4,000 millionaires in the United States,
Google Answers: statistics on millionaires, late 1800s
In terms of today's dollars one million in 1890 would be equal to $27 million today.
FACT: The Inflation Calculator
How many people in the USA have net worth over $25 million today?

There were 172,000 households with net worth above $25 million...
The Number of High-Net-Worth Households in the US Continues to Grow - Marketing Charts

So in the 128 years since 1890 there are 1,312 times as many millionaires. Again explain how that has happened?
How many people are millionaires in today's dollars?
The U.S. now has close to 11 million millionaires, up 6 percent from 2016, according to data from the Spectrum Group's Market Insights Report 2018.
Here’s how many millionaires there are in the U.S.

So these people don't seem to have a problem with "Capitalism" working in the USA today.

and what has happened to the middle class, what has happened to wages?

Are you saying that an average CEO making over 300 times more than his average salaried employee is a good thing? Why?

its good for the CEO,,,and good for the employee since without the CEO he wouldnt be making anything,,,

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

consumers are after the fact,,,

Consumers are the ones who power the economy, definitely more than CEO's -- they come and go.....

your point???

 

[Biff_Poindexter]

and what has happened to the middle class, what has happened to wages?

Are you saying that an average CEO making over 300 times more than his average salaried employee is a good thing? Why?

its good for the CEO,,,and good for the employee since without the CEO he wouldnt be making anything,,,

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

I've been self employed for 25 yrs

Your point?

that I dont need the wealthy to be my savior,,,I can do that myself,,,,as should you whiny commie pricks,,,,

So you are saying everyone should just become business owners if they want to be able to have a decent life?

You do understand that is not how capitalist economies work right? Which is why our economy is a mixed economy, not a capitalist one...

 

[healthmyths]

Some people.

When they fail at business, they blame capitalism and not themselves. From the get-go their whole argument falls apart.

Most people who participate in our economy are not capitalists.....they do not own capital....not many people do...which is sorta of the flaw in our current system

the only flaw is the ones that are to lazy to work hard for it,,,

Most Americans who very hard -- which is why productivity is at all time highs -- but wages have remain stagnant.....Wasn't productivity supposed to be linked to wages?

Salaries: US wage growth in June was 2018's strongest so far
Median base pay for workers in the United States climbed by 1.6 percent in June to $52,052, according to the latest edition of Glassdoor's Local Pay Report. That was the strongest growth in the wage statistic so far in 2018.
Salaries: US wage growth in June was 2018's strongest so far

 

[Biff_Poindexter]

And for these folks who have circle jerks over unfettered capitalism -- why the fuck do you folks complain so much?? If you are a CEO -- why do you contine to bitch and complain about capital gains taxes not being cut by 2 more percent like your life depends on it?

The rest of the 90% of the country shouldn't have to suffer due to your greed...

 

[progressive hunter]

its good for the CEO,,,and good for the employee since without the CEO he wouldnt be making anything,,,

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

I've been self employed for 25 yrs

Your point?

that I dont need the wealthy to be my savior,,,I can do that myself,,,,as should you whiny commie pricks,,,,

So you are saying everyone should just become business owners if they want to be able to have a decent life?

You do understand that is not how capitalist economies work right? Which is why our economy is a mixed economy, not a capitalist one...

the only people I know that dont have a decent life are those that refuse to work for it,,,,

 

[Biff_Poindexter]

Some people.

When they fail at business, they blame capitalism and not themselves. From the get-go their whole argument falls apart.

Most people who participate in our economy are not capitalists.....they do not own capital....not many people do...which is sorta of the flaw in our current system

the only flaw is the ones that are to lazy to work hard for it,,,

Most Americans who very hard -- which is why productivity is at all time highs -- but wages have remain stagnant.....Wasn't productivity supposed to be linked to wages?

Salaries: US wage growth in June was 2018's strongest so far
Median base pay for workers in the United States climbed by 1.6 percent in June to $52,052, according to the latest edition of Glassdoor's Local Pay Report. That was the strongest growth in the wage statistic so far in 2018.
Salaries: US wage growth in June was 2018's strongest so far

And the cost of living is what? did it go down or up?

Did the wage gap decrease or increase?

and if everything is so great -- why do you idiots complain so much about losing your country?

 

[progressive hunter]

And for these folks who have circle jerks over unfettered capitalism -- why the fuck do you folks complain so much?? If you are a CEO -- why do you contine to bitch and complain about capital gains taxes not being cut by 2 more percent like your life depends on it?

The rest of the 90% of the country shouldn't have to suffer due to your greed...

youre the only greedy person I see,,,you want to take away what other people earn and not work for it yourself,,,,

 

[Biff_Poindexter]

No, the CEO isn't the reason they make anything -- I know you love to worship CEO's and the wealthy as being your savior...

But CEO's didn't make it happen -- consumers did

I've been self employed for 25 yrs

Your point?

that I dont need the wealthy to be my savior,,,I can do that myself,,,,as should you whiny commie pricks,,,,

So you are saying everyone should just become business owners if they want to be able to have a decent life?

You do understand that is not how capitalist economies work right? Which is why our economy is a mixed economy, not a capitalist one...

the only people I know that dont have a decent life are those that refuse to work for it,,,,

That is a simpleton way to dismiss not having to deal with structural problems....

Its the narcissistic "Well I got mines, fuck everyone else" mentality...and that mentality hasn't solved a single problem in our economy....


Again...if its just a case of people not working hard enough - why do you folks freak out over illegals?? I've never been prevented from making a decent living because of illegals....seems like you haven't either -- so why all this panic about illegals destroying America?

 

[progressive hunter]

Some people.

When they fail at business, they blame capitalism and not themselves. From the get-go their whole argument falls apart.

Most people who participate in our economy are not capitalists.....they do not own capital....not many people do...which is sorta of the flaw in our current system

the only flaw is the ones that are to lazy to work hard for it,,,

Most Americans who very hard -- which is why productivity is at all time highs -- but wages have remain stagnant.....Wasn't productivity supposed to be linked to wages?

Salaries: US wage growth in June was 2018's strongest so far
Median base pay for workers in the United States climbed by 1.6 percent in June to $52,052, according to the latest edition of Glassdoor's Local Pay Report. That was the strongest growth in the wage statistic so far in 2018.
Salaries: US wage growth in June was 2018's strongest so far

And the cost of living is what? did it go down or up?

Did the wage gap decrease or increase?

and if everything is so great -- why do you idiots complain so much about losing your country?

the cost of living is dependent on how you want to live,,,,,my cost is very low in fact I could live on less than 20K a year if needed,,,even less if I dropped my standards,,,

 

[healthmyths]

And for these folks who have circle jerks over unfettered capitalism -- why the fuck do you folks complain so much?? If you are a CEO -- why do you contine to bitch and complain about capital gains taxes not being cut by 2 more percent like your life depends on it?

The rest of the 90% of the country shouldn't have to suffer due to your greed...

Please provide links to show CEOs complaining about capital gain taxes.
I think you are woefully uninformed as to how much money was offshore due to the 3rd highest taxes American firms paid.
To prove that:
Repatriated profits total $465 billion after Trump tax cuts - leaving $2.5 trillion overseas
Repatriated profits total $465 billion after Trump tax cuts - leaving $2.5 trillion overseas

What do you think happened to that $465 billion? Did the companies bury in the back yard or hide under mattresses? What happened to those billions?

 

[progressive hunter]

I've been self employed for 25 yrs

Your point?

that I dont need the wealthy to be my savior,,,I can do that myself,,,,as should you whiny commie pricks,,,,

So you are saying everyone should just become business owners if they want to be able to have a decent life?

You do understand that is not how capitalist economies work right? Which is why our economy is a mixed economy, not a capitalist one...

the only people I know that dont have a decent life are those that refuse to work for it,,,,

That is a simpleton way to dismiss not having to deal with structural problems....

Its the narcissistic "Well I got mines, fuck everyone else" mentality...and that mentality hasn't solved a single problem in our economy....


Again...if its just a case of people not working hard enough - why do you folks freak out over illegals?? I've never been prevented from making a decent living because of illegals....seems like you haven't either -- so why all this panic about illegals destroying America?

thats two different subjects,,,pick one and stick to it,,,

 

[Biff_Poindexter]

As a matter of fact...if the economy just suddenly became a great economy when Trump was elected...why all of this complaining from Trumpers?

Aren't things ideal now? and the fact that majority of Americans disagree with this assessment just means they are lazy freeloaders

Why would anyone be talking about income gaps and such -- wages are perfect, in fact, since the economy is so idea -- wages are probably higher than they should be...

Wonder why these politicians are always talking about increasing wages...no need for that...everything is fine

 

[Biff_Poindexter]

And for these folks who have circle jerks over unfettered capitalism -- why the fuck do you folks complain so much?? If you are a CEO -- why do you contine to bitch and complain about capital gains taxes not being cut by 2 more percent like your life depends on it?

The rest of the 90% of the country shouldn't have to suffer due to your greed...

Please provide links to show CEOs complaining about capital gain taxes.
I think you are woefully uninformed as to how much money was offshore due to the 3rd highest taxes American firms paid.
To prove that:
Repatriated profits total $465 billion after Trump tax cuts - leaving $2.5 trillion overseas
Repatriated profits total $465 billion after Trump tax cuts - leaving $2.5 trillion overseas

What do you think happened to that $465 billion? Did the companies bury in the back yard or hide under mattresses? What happened to those billions?

They mainly did stock buy-backs to artificially inflate their stock value in order to boost their CEO pay...

We know now that they didn't use it to hire more people and raise wages

 

[progressive hunter]

As a matter of fact...if the economy just suddenly became a great economy when Trump was elected...why all of this complaining from Trumpers?

Aren't things ideal now? and the fact that majority of Americans disagree with this assessment just means they are lazy freeloaders

Why would anyone be talking about income caps and such -- wages are perfect, in fact, since the economy is so idea -- wages are probably higher than they should be...

Wonder why these politicians are always talking about increasing wages...mo need for that...everything is fine

how do you figure that a majority of americans think that???

 

[skookerasbil]

BTW....don't get me wrong. Get Mayor Pete in front of a mic 24/7.......same as AOC. I sometimes wonder if these people are plants from Trump for our side! Lets face it....some of this stuff is just off the hook retard. Go.....go..........

 

[Biff_Poindexter]

Companies Using Repatriated Cash on Stock Buybacks, Capex Spending, Dividends

 

[progressive hunter]

Companies Using Repatriated Cash on Stock Buybacks, Capex Spending, Dividends

it is their money and can do as they please with it,,,,

 

[Cellblock2429]

https://www-m.cnn.com/2019/04/16/politics/pete-buttigieg-2020-socialism-capitalism-cnntv/index.html?r=https://www.drudgereport.com/

Well that's true Mayor Pete.....take a bow!

But here's the thing. Socialism leads more to plunder! Duh. Socialism let's waaaaaaaay more people down.

You want a world where the state decides.....and has power of attorney over you on....

• WHERE YOU WORK?
• WHEN YOU WORK?
• HOW MANY HOURS YOU WORK?
• HOW MUCH MEDICAL CARE YOU GET OR DONT GET?
• WHERE YOU LIVE?
• WHAT YOU DRIVE?
• WHERE YOU DRIVE?

Well hey.....perhaps Mayor Pete is your guy!

/—-/ Mayor Pete and his family would be exempt from those rules and regulations