as someone said...trump literally thinks a bullet was divinely moved an inch away from his brain so he could throw 25% tariffs on the stuff we buy. That's how important he thinks tariffs are.
why would he change his view on tariffs after going through that?
only thing that could possible save us is the GOP in congress taking back his right to declare phony national emergencies so he can do things like this. Make him a normal president again.
The net worth of the median american household is less than their equity in their house.
Plus their investments in retirement accounts.
Neither of which is readily accessible without great expense (tax penalties, loans from banks, etc.)
This net worth does not change the fact people live paycheck.
According to recent data, approximately 25% of Americans have a net worth of less than $0, meaning their debts exceed their assets.
Based on available data, approximately 40% of Americans have less than $10,000 saved for an emergency.
You don’t build a NET worth of 200k living paycheck to paycheck, moran. Maybe I could believe it if you’re 80 or something.
Facts don’t care about your feelings, and the facts are this—if you’re living paycheck to paycheck, you are a loser and probably a Magatard as well.
If you are fortunate enuff to buy a house, the appreciation in its value is where you amass any net worth. Along with growth in your retirement account. Two sources not readily quickly tapped for access without penalties.
Really not that hard to follow.
According to the U.S. Census Bureau’s 2022 Survey of Income and Program Participation (SIPP), the median home equity for households that owned a home was $198,000,
If you are fortunate enuff to buy a house, the appreciation in its value is where you amass any net worth. Along with growth in your retirement account. Two sources not readily quickly tapped for access without penalties.
Really not that hard to follow.
According to the U.S. Census Bureau’s 2022 Survey of Income and Program Participation (SIPP), the median home equity for households that owned a home was $198,000,
You made an error. That’s the median equity amongst households reporting home equity, not amongst households in general like my statistic. Your analysis is therefore completely flawed. My point stands.
I don’t like it either but the prediction from several cnbc prognosticators say 51,000 a year from now.
Biden, the drunk Harris and Mayorkas allowed 662,000 illegal aliens with criminal records into our country.
Trump has to clean that up. He is not moving fast enough to clean up Biden’s Marxist mess.
I can stand short term stock market pain.
What the country can’t stand is 662,000 criminal illegals victimizing American neighborhoods
The United States Army only has a little over 400,000 soldiers on active duty as a comparison.
We can stand a year of a lower stock market. There are bigger fish to fry.
So much stupidity here. Biden a Marxist? Then why did corporations enjoy record profits for his entire presidency? Why did the stock market go up nearly 100%? And the claim about "criminal illegals victimizing neighborhoods?!" Newly immigrated people, documented or otherwise, commit crimes at a far lower rate than American citizens do. If anyone is victimizing American neighborhoods, it's gun-toting proud boy idiots like yourself.
If you are fortunate enuff to buy a house, the appreciation in its value is where you amass any net worth. Along with growth in your retirement account. Two sources not readily quickly tapped for access without penalties.
Really not that hard to follow.
According to the U.S. Census Bureau’s 2022 Survey of Income and Program Participation (SIPP), the median home equity for households that owned a home was $198,000,
You made an error. That’s the median equity amongst households reporting home equity, not amongst households in general like my statistic. Your analysis is therefore completely flawed. My point stands.
So much stupidity here. Biden a Marxist? Then why did corporations enjoy record profits for his entire presidency? Why did the stock market go up nearly 100%? And the claim about "criminal illegals victimizing neighborhoods?!" Newly immigrated people, documented or otherwise, commit crimes at a far lower rate than American citizens do. If anyone is victimizing American neighborhoods, it's gun-toting proud boy idiots like yourself.
Hey, you know the far right convinced you that they would help your financial situation. The proof is in the putting as they say. You are about to find out if you haven’t already that they are not there for you. The only thing on the horizon that is good for you is your lousy cheap American piss beer that you love will not go up and the gas for your guzzling truck will go down.
Also, don’t assume that we liked Biden. I never voted for that guy either. Your leader is failing you. Are you supporting him for his ego or yours?
To the liberals. Elon Trump and friends will all be fine. They all knew this would happen. They will switch from gold, bonds, and other investments back to the market and buy it up when it is down. They will come out of this far richer than when they went in. Sadly, we are just their pawns.
The only thing you can really do is accept the unacceptable and go out for a run.
Fox News appears to have removed their DOW ticker in a pattern for the company, choosing to block out the steep drop in DOW points after Trump's tariff announcement
There isn't anything about this or the tariffs on Fox's front page. But don't worry, "Archaeologists discover proof of Bible verse at holiest site in Christianity" is the sort of quality news that Americans actually need
the difference then is that in 2022 the government was taking steps to make the economy better and fix the situation.
Now the government is actively saying that a recession is good, needs to happen, and the gummint understands its actions are causing it and will continue to make it happen.
For that reason, year to date european stocks are up 12% and US stocks are down 5%. A massive swing for just 3m.
A 17 percentage point swing because the US is in favor of a recession and Europe is not.
All because of trump's policies, and he says we'll keep doing it.
LOL. the stock market went up from that time because of INFLATION. not because of anything that was done to make the economy better.
Trump's policies are trying to make us stronger in the long term. Something people obviously can't stomach. That's why things never truly get better.
Now that what I call polishing a turd. We already are the most successful and richest country in the world. Alienating all our partners- friend or foe will do a lot for BRICs vs. dollar at precisely the wrong time. The dollar has always held an exceptional place in the world economy. Pi$$ing off everyone is not going to help. It's a world economy, no such thing as going it alone. Especially if you become unreliable. Europe moves away from Russian gas because it becomes unreliable, they will do the same to us. If the plan was to wean off China, where will we go now that we made everyone mad at us?
Funny all my GOP friends were saying "told you so" when the markets bumped up after the election. Now...."oh the market tanking was all part of the plan"
... because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box. ...
No, instead you felt better because then the economy tanked as a result of a virus produced by the joint US/Chinese bioweapons program which was leaked from a lab in Wuhan as part of a ploy to inject everyone with a drug designed to either kill them outright, kill them within a few years or ruin their health so badly as to take a decade or two off their lifespans. The good demented puppet president then printed up trillions in debt, released a bunch of it to the public driving consumer prices upward, with the parasites controlling him behind the scenes stealing a couple Trillion for themselves. Were you one of the "savvy" ones who shifted your portfolio into Pfizer and Moderna stock? No? Sorry, loser.
Facts don’t care about your feelings, and the facts are this—if you’re living paycheck to paycheck, you are a loser and probably a Magatard as well.
It’s a good thing most people don’t think like this, but enough people do for it to be dismaying. I disagree with Maga people on the vast majority of things, but some of their resent, contempt, and frustration is pretty understandable.
I repeat: to call others with whom you disagree "deranged" is the usual trumpy rubber ball deflection. And it is even more interesting in the use of "deranged," a term reflective of the original source: Himself. Coincidence? I think not.
Most people have very little self-awareness and don’t realize how much energy they devote to hating this man. It’s clearly a pathology
There's the "You just hate Trump" bandwagon again. Fastest, easiest rejoinder to any comment not flattering Himself. Top of the Trump repair kit! The thing is he generates more disgust than hate.
... because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box. ...
There isn't anything about this or the tariffs on Fox's front page. But don't worry, "Archaeologists discover proof of Bible verse at holiest site in Christianity" is the sort of quality news that Americans actually need
Yesterday they had a big headline about Trump predicting that the markets were going to BOOM like never before. Absolutely no news about what the markets were actually doing, though. Maybe for the next four years they can just report on what Trump's rosy predictions are, and not on any actual news.
Keep telling that to yourself. I would say "please stay delusional" but we know you and your friends will continue reinforcing your dysfunctional views of reality. No need for a Netflix subscription coming here to see you cry is the best entertainment there is.
It’s a good thing most people don’t think like this, but enough people do for it to be dismaying. I disagree with Maga people on the vast majority of things, but some of their resent, contempt, and frustration is pretty understandable.
We don’t need to indulge Magas in their mythology of a broken US economy. The US economy is (or was, until Mango nuked it) the strongest wealth creating machine to ever exist.
Magas who can’t hack the free market need to pound sand and accept their rightful place amongst the talentless bottom dregs of society. Instead they want an inefficient command economy that drags us all down with them.
... because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box. ...
No, instead you felt better because then the economy tanked as a result of a virus produced by the joint US/Chinese bioweapons program which was leaked from a lab in Wuhan as part of a ploy to inject everyone with a drug designed to either kill them outright, kill them within a few years or ruin their health so badly as to take a decade or two off their lifespans. The good demented puppet president then printed up trillions in debt, released a bunch of it to the public driving consumer prices upward, with the parasites controlling him behind the scenes stealing a couple Trillion for themselves. Were you one of the "savvy" ones who shifted your portfolio into Pfizer and Moderna stock? No? Sorry, loser.
Who is the moron?
Each one of those downvotes is a little piglet squealing in agony. Keep squealing!
