18 May 2024 8:43 am
Thanks for the link. I've posted previous surveys of this type and tend to believe them. They are not perfect but do give a person a ball park figure to work with.Zeets2 » 17 May 2024, 11:01 am » wrote: ↑ You see, I can enjoy seeing the market rise for my own personal wealth, but I can understand that I'm at a far more comfortable economic level than the vast majority of the country. And I firmly believe that if Trump were president in this last term, the market would have risen even higher, because interest and inflation rates would have been far lower, and we wouldn't have taxpayers funding the 10 million new illegals as their nannies if it weren't for Biden's stupidity.
You too should be able to acknowledge that and be far more eager to get Biden out of office to prevent him from continuing down the same path. Do you WANT another 10 million MORE illegals to pay for if Biden wins the election? Where do you think the money is coming from to continue paying illegals for their free healthcare, free food, free hotel rooms, free smartphones, free education, free transportation, and free debit card? And if we're forced to endure this turd for another 4 years, that great stock market you see today will crash to the levels we haven't seen in our lifetime, especially since Biden has promised to eliminate the Trump tax cuts if he wins re-election, which would be a huge tax HIKE to those who can afford it least.
Naturally, most libs aren't aware of the reality that 78% of the country now lives paycheck to paycheck because they won't be told that on CNN or MSNBC, and apparently they're content to continue watching them despite being required to wallow in exactly this level of ignorance when they're only receiving the liberal half of the news.
Anyway, here's the link you requested, not that I believe it will change your opinion one iota.
And that was only the percentage last year. I can only imagine how much worse the situation has gotten over the past year, since interest and inflation rates haven't yet subsided, and likely won't do so over the next several months.
I believe if you dig a little deeper at these people living paycheck to paycheck it is more a function of personal financial illiteracy than politics and inflation as these numbers have been stubbornly high before the current situation. I read two articles this morning, one was a couple making $200k living paycheck to paycheck and the other was a survey saying 43% of Americans don't know what a 401k is. Kind of boggles the mind.
Immigration could very well be the issue that gets Trump elected. It's a touchy subject and has been an issue for decades. The optics of deporting millions of people will be a blight on America and cause a lot of angst.(JMO)
Yes, the stock market highs only benefit those who have done the work and sacrificed to build a nest egg. We scratched our way to a very comfortable position for retirement, I'm glad you have done the same.