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Old 11-07-2019, 03:03 PM  
Prison Bitch Prison Bitch is offline
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The Atlantic: “Trump’s populism offers nothing to working class”

This is of course obv to anyone with a brain.


The Utter Emptiness of Trump’s Populism

In Europe, right-wing demagogues steer material benefits to working-class supporters, but the current U.S. president has delivered nothing of the sort.

Peter Beinart Nov 5, 2019




Other than on trade, he’s utterly abandoned the economic populism that he touted during the 2016 campaign. As a candidate, he vowed not to reduce Social Security, Medicare, or Medicaid. In office, he endorsed a push to turn Medicaid into a block grant, thus leaving it vulnerable to dramatic cuts. On the campaign trail, he pledged to end the carried-interest deduction that benefits the private-equity and hedge-fund industries and promised not to cut taxes for the rich. As president, though, he signed a tax cut whose benefits go mostly to the wealthiest and offered little support when Republican Senators Marco Rubio and Mike Lee pushed for a child tax credit vaguely reminiscent of what Poland offers. Candidate Trump suggested raising the minimum wage to $10 an hour and instituting a $1 trillion infrastructure plan. In office, he has backed off both.

Trump has done all this even though his populist economic rhetoric probably helped him win the presidency. As Vox’s Matthew Yglesias has pointed out, one of Trump’s selling points to working-class whites was that, in contrast to Mitt Romney, he “was a culture warrior instead of a plutocrat.”



https://www.theatlantic.com/ideas/ar...pulace/601390/
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Old 11-07-2019, 08:25 PM   #46
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Quote:
Originally Posted by IowaHawkeyeChief View Post
My god, you call me a liar and you post an article from 2014 that shows they were just getting back after the 2008 recession. What about the last 5 years...
What diff does that make? If you didn’t have any stocks in 2014 you didn’t have any in 2018 regardless what the Dow Jones did.


Quote:
Market Share %'s doesn't mean that the middle class aren't participating a respectable levels for their income. Again, I said SMART people. Many people choose to have new Iphones, cars and clothes rather than contribute to their long term savings.
The article is about the 50% of the country who’s working class. I keep having to make this point for some odd reason.


Quote:
79% of employees have access to a 401k or a 401k type investment, unfortunately about half of those contribute, those that do and did early do quite well.

https://www.fool.com/retirement/2017...ve-a-401k.aspx
Which reiterates my point. 21% don’t have an opportunity and another 19% don’t or can’t (we can debate why, all day long). That’s 40% who don’t gave a dime in the market and that’s who the article discusses.
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Old 11-07-2019, 08:29 PM   #47
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What is it you want, Prison Bitch? Does it all boil down to immigration for you or do you have a broader populist agenda?
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Old 11-07-2019, 08:32 PM
IowaHawkeyeChief
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Old 11-07-2019, 08:48 PM   #48
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Yeah, nobody is offering anything of substance to the working class. Dems abandoned them and Trump APPEALS to them.

Which is what dems used to do. Appeal to the working class and then **** them over. Trump stole their gimmick.

The more things change, the more they _____ the same.
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Old 11-07-2019, 08:53 PM   #49
IowaHawkeyeChief IowaHawkeyeChief is offline
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Quote:
Originally Posted by Prison Bitch View Post
What diff does that make? If you didn’t have any stocks in 2014 you didn’t have any in 2018 regardless what the Dow Jones did.




The article is about the 50% of the country who’s working class. I keep having to make this point for some odd reason.




Which reiterates my point. 21% don’t have an opportunity and another 19% don’t or can’t (we can debate why, all day long). That’s 40% who don’t gave a dime in the market and that’s who the article discusses.
Again, dolt... priorities. Many don't have stock because they would rather spend the extra $200 a month on shit they don't need but want... Those who are smart and do save accumulate wealth. Lot's of folks who make $50-$60k a year retire with no worries because they planned... I guess you made other choices and now it's everyone else's fault...
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Old 11-07-2019, 08:54 PM   #50
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Quote:
Originally Posted by patteeu View Post
What is it you want, Prison Bitch? Does it all boil down to immigration for you or do you have a broader populist agenda?
That’s a rhetorical question and you know the answer.
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Old 11-07-2019, 08:55 PM   #51
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Quote:
Originally Posted by WhiteWhale View Post
Yeah, nobody is offering anything of substance to the working class. Dems abandoned them and Trump APPEALS to them.

Which is what dems used to do. Appeal to the working class and then **** them over. Trump stole their gimmick.

The more things change, the more they _____ the same.
What do you consider anything of substance? You don't think rewriting NAFTA (waiting on Pelosi to not give Trump a victory) and trying to normalize trade with China as a thing of substance for the working class?
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Old 11-07-2019, 08:56 PM   #52
Prison Bitch Prison Bitch is offline
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Quote:
Originally Posted by IowaHawkeyeChief View Post
Again, dolt... priorities. Many don't have stock because they would rather spend the extra $200 a month on shit they don't need but want... Those who are smart and do save accumulate wealth. Lot's of folks who make $50-$60k a year retire with no worries because they planned... I guess you made other choices and now it's everyone else's fault...
This article (and thread) isn’t about what choices the working class should make. It’s about Trump promising a litany of things that they want and delivering absolutely none of them. If you can rebut that please do. Of not, say so.
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Old 11-07-2019, 09:01 PM   #53
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Quote:
Originally Posted by Prison Bitch View Post
That’s a rhetorical question and you know the answer.
I mean broader than wanting an ethnocentric state. Like are you passionate about banking reform or government healthcare or things like that?
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Old 11-07-2019, 11:00 PM   #54
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Originally Posted by patteeu View Post
I mean broader than wanting an ethnocentric state. Like are you passionate about banking reform or government healthcare or things like that?
No.
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Old 11-10-2019, 05:35 PM   #55
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Old 11-10-2019, 05:51 PM   #56
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There is some comfort knowing that PB is anti Trump. Maybe Trump is doing better than we thought? MAGA 2020!!
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Old 11-10-2019, 05:54 PM   #57
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Originally Posted by patteeu View Post
What is it you want, Prison Bitch? Does it all boil down to immigration for you or do you have a broader populist agenda?
I think he wants all the Jews and Mexicans killed, while he hides from his wife in the basement.
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Old 11-10-2019, 06:33 PM   #58
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I think he wants all the Jews and Mexicans killed, while he hides from his wife in the basement.
Shouldn’t you be more worried about your cholesterol levels?
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Old 11-10-2019, 06:46 PM   #59
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Shouldn’t you be more worried about your cholesterol levels?
Shouldn't you be more worried about Strap-On Tuesday?
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Old 11-10-2019, 06:57 PM   #60
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That’s your best comeback?
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