LOL, BP. (Reply #18) - Democratic Underground

In the discussion thread: Don't confuse soaring stocks with real economic growth [View all]

Sat Dec 30, 2017, 08:14 PM

18. LOL, BP.

"20 years of stagnant wages, longer hours and fewer benefits with more taxes" is mostly why the damned market is so high (that and corporate welfare). Companies are squeezing what workers that remain for every tiny bit of efficiency and free time they can get.

It's an international race to the bottom. And, you're right that the GOP thinks no one pays attention....or cares.

..............

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22 replies	Author	Time	Post
Don't confuse soaring stocks with real economic growth [View all]	applegrove	Dec 2017	OP
Speculative bubbles are also called real growth by the GOP.	guillaumeb	Dec 2017	#1
SOS with republicans, time over time again. n/t	RKP5637	Dec 2017	#3
What is the GOP looking for, 50% gains year over year! The market has done so damn well, but	RKP5637	Dec 2017	#2
80% of the stocks are owned by the top 10%.	panader0	Dec 2017	#4
Thanks for the post.	Wellstone ruled	Dec 2017	#5
Among other problems with 401(k)s is that they are a rhetorical disaster	unblock	Dec 2017	#6
K & R. How many fully hedged 401Ks or stock-based IRAs would we find?	KY_EnviroGuy	Dec 2017	#16
You are not required to put IRA or 401k funds in the stock market.	former9thward	Dec 2017	#17
You're right but that's why I said "stock-based".	KY_EnviroGuy	Dec 2017	#20
Oh how well I know.	Wellstone ruled	Dec 2017	#19
It's pretty much the same in most countries like England, Germany, etc.	Hoyt	Dec 2017	#11
The worst part of it, politically speaking, is that Obama handed him a decent economy.	unblock	Dec 2017	#7
Anyone who does will be the REAL LOSERS.	ProudMNDemocrat	Dec 2017	#8
They'll be HAPPY to pass an infrastructure package!	Buns_of_Fire	Dec 2017	#9
AFAIC The Stock Market is little more than	RandomAccess	Dec 2017	#10
The market increase doesn't help much when you have 20 years of stagnant wages,	BigmanPigman	Dec 2017	#12
And private contractors will be more common than employees in the future.	applegrove	Dec 2017	#13
LOL, BP.	KY_EnviroGuy	Dec 2017	#18
Not to mention that economic growth	KPN	Dec 2017	#14
It would have been a great time to have collected taxes on stock owners' income	IronLionZion	Dec 2017	#15
When you need more dollars to buy the same thing, your currency is losing value!	L. Coyote	Dec 2017	#21
No that is why the middle class and poor' s income doesn't keep up: to	applegrove	Dec 2017	#22

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