Wealth Gap Gets Better Under Trump

[Independent thinker]

Trump is on his own oligarchy tour and it's working. The super wealthy are losing a total of trillions of dollars overall in wealth in the stock market, as the plunges hurt the wealthy far more than the average Joe and Jane. So, why aren't the left celebrating Trump making the wealth gap between the rich and the poor better? Bernie, AOC and others are out there touring against the oligarchs while Trump has actually accomplished making the wealth gap better as the democrats aren't doing anything but flapping their mouths about it (as usual).

When democrats claim that tax cuts for everyone benefit the rich far more than the little guy, surely they must be applauding Trump for tanking the stock market, which hurts the rich far more than the little guy. So, why aren't democrats cheering Trump making the wealth gap better? Why is it that democrats are wanting the oligarchs to get richer, as they did under Biden? Is this yet more evidence that even though Trump is leveling the playing field between the rich and the poor, all democrats can do is keep on saying, "Orange man bad", even though Trump is actually accomplishing what democrats want to do - make the wealth gap better?

Why is it that when it comes to push and shove, Democrats are wanting the oligarchs to get richer?

 

[Moonglow]

Seems Trump is calling yous a liar.​

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‘This is a great time to get rich,’ Trump tells investors​

Markets fell on the news, but Trump said that represented an opportunity for people on Friday.

“TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!” Trump said on Truth Social.

https://ktla.com/news/this-is-a-great-time-to-get-rich-trump-tells-investors/

 

[Independent thinker]

Seems Trump is calling yous a liar.​

​

​

‘This is a great time to get rich,’ Trump tells investors​

Markets fell on the news, but Trump said that represented an opportunity for people on Friday.

“TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!” Trump said on Truth Social.

https://ktla.com/news/this-is-a-great-time-to-get-rich-trump-tells-investors/

Ummmmmmmmmmmmm, you don't have a response to the OP?

 

[DGS49]

The "wealth gap," "income inequality," and similar expressions of differentiation between the wealthiest in a society and the least wealthy are nothing more than propaganda, based on both economic ignorance and insidious purposes.

The "gap" observations all presume that the economy is a fixed sum of money and resources, and if one person has "too much" then that would deprive others of that money and those resources, rendering them relatively poor. But those who have had at least one class in Economics knows that society does not have a fixed sum of wealth; new wealth is being created all the time, so that it is possible (indeed likely) that when one entrepreneur or investor accumulates a large amount of money/wealth, absolutely no one has been harmed. On the contrary, it often results in large numbers of people being better off than they would have been without the work of that one entrepreneur.

Whom has Bill Gates taken advantage of in the accumulation of his wealth? Elon Musk? Zuckerberg? Bloomberg? In almost all cases, the answer is, Nobody.

As in baseball, one must not take one's eye off the ball. The real problem in OUR society is permanent poverty, and that has nothing to do with "increasing inequality." Permanent poverty is caused by a lot of things, but some of them are correctable: bastardy, disdain for education, poor parenting, a culture of petty crime, and despair. And as long as people are fretting about "inequality," or how "the rich keep getting richer," they are losing sight of changes in the culture that could attack the real problem, persistent poverty over generations.

Many people find Conservative pundit, Ben Shapiro to be insufferable, but he often points out that the formula for NOT being permanently poor is simple: Get as much free education as possible (don't drop out), get a job and keep it, and don't have kids unless you are married. Do those three simple things and you will NOT be poor for long.

 

[1srelluc]

Many people find Conservative pundit, Ben Shapiro to be insufferable, but he often points out that the formula for NOT being permanently poor is simple: Get as much free education as possible (don't drop out), get a job and keep it, and don't have kids unless you are married. Do those three simple things and you will NOT be poor for long.

He forgot something.....Choose wisely and stay married.

The average person does not gain wealth by supporting kids from your first (or second +) wife.

Every peer I know that is still working has one thing in common....Multiple marriages with kids to pay child support on.

Unless you were wealthy from the get-go (say like Trump) you can get behind the 8-ball quick.

 

[Independent thinker]

He forgot something.....Choose wisely and stay married.

The average person does not gain wealth by supporting kids from your first (or second +) wife.

Every peer I know that is still working has one thing in common....Multiple marriages with kids to pay child support on.

Unless you were wealthy from the get-go (say like Trump) you can get behind the 8-ball quick.

When I was much younger I knew a guy who worked part time at a car wash who had four children from four different women. He actually wanted to work at the car wash because he made decent tips which weren't reported so he could keep that money and the money he made on paper for part time hourly wages wasn't enough to have to pay any child support on. So, he got to keep both his check and his tips and his check was small enough he didn't have to pay federal or state taxes either. Needless to say though, he didn't own a home and drove around in a junker car. He sure showed them.

Also, my wife's ex owed child support he didn't want to pay so he quit a job making over 50K with a very high potential of hitting 100K in just 2-3 years and started working under the table and has kept on doing that throughout his life. I don't think he has ever figured out that he would have been doing much better by staying where he was and paying child support rather than trying to game the system. Now he is quickly approaching retirement and of course hasn't paid much SS over all of these years. Stupid is as stupid does.