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What if the polls are right?
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Sep 17, 2019 12:06:24   #
America 1 Loc: South Miami
 
Floyd Brown wrote:
Only a possibility. Not a fact.
A possibility that is becoming less possible each day.
Just how stupid do you think most people are?

How much longer are the people going to go into debt to keep the economy looking good.
When those costs come due the possibility of a recession grows.
When do people stop taking on more debt?

I don't have any debt. & I am not going to spend my savings as long as Trump is in office.
I watch for the hard pressed deals out there.
I am a big fan of BOGO.(Buy on get one)
Using my money to take advantage of these deals means I for the most part live on my social security.
My income other than social security is so low that most of my social security don't count as income.
I have a very low tax obligation.

Our economic system seems to provide resections from time to time.
That is a time to increase investments.
This works out fine for buying cheap.
When the economy improves you sell your gains.

I didn't make the rules but I can follow them.
I am just a small player in the game.

There are bills that keep going up.
The money I save in taxes covers that.

So just say I have assets but I am living poor.
Many have to live poor.

If you can live with out a lot of wants it is not hard to get by.

There are those today that are doing well.
There are more that are not doing as well as they would like.
There are tax laws that favor money earned on investments more than money paid in wages.
There is a failure by many to see if there is more money in the hands of the consumers more of what is produce will be sold. ( A healthy economy)

The system is top heavy.
Most of the money ends up in only a few hands.
Where a lot of that extra money buys favorable tax laws.

Now we have a lot of misinformed people that think this is the way it should be.
While claiming the people with out assets are the ones stealing their money.
Money that fuels the market place.

The idea that make the product (Supply side economics) & the economy will be fine
The thing that is wrong with that system is that with out enough money in the hands of the buyers (Who provide the demand side of economics.) More of what is made is unsold at prices that provide a reasonable profit.

So supporting a system where investment money that earns money is taxed more favorable.
The burden of supporting the economy falls on the hands of those that have the least.
In many ways it is the middle class that carries that load.
So stop & realize that if you are a middle class business owner how is the banks having more. Helping your bottom line?
Leaves less money to support a healthy economy.

I bring that up because many in the middle seem to think they are not ending up with their fair share.
Only a possibility. Not a fact. br A possibility t... (show quote)


You can live without wants.
You cannot live without needs.

Reply
Sep 17, 2019 14:51:08   #
Floyd Brown Loc: Milwaukee WI
 
America 1 wrote:
You can live without wants.
You cannot live without needs.


Of course we all should have our true needs met.
True needs in the sense that we don't include wants as needs.

I am inclined to think there are some that include special wants as needs in their lifes.
When others can have most of their wants others hope to keep some of their wants.

Reply
Sep 17, 2019 15:45:05   #
tophat
 
Floyd Brown wrote:
Only a possibility. Not a fact.
A possibility that is becoming less possible each day.
Just how stupid do you think most people are?

How much longer are the people going to go into debt to keep the economy looking good.
When those costs come due the possibility of a recession grows.
When do people stop taking on more debt?

I don't have any debt. & I am not going to spend my savings as long as Trump is in office.
I watch for the hard pressed deals out there.
I am a big fan of BOGO.(Buy on get one)
Using my money to take advantage of these deals means I for the most part live on my social security.
My income other than social security is so low that most of my social security don't count as income.
I have a very low tax obligation.

Our economic system seems to provide resections from time to time.
That is a time to increase investments.
This works out fine for buying cheap.
When the economy improves you sell your gains.

I didn't make the rules but I can follow them.
I am just a small player in the game.

There are bills that keep going up.
The money I save in taxes covers that.

So just say I have assets but I am living poor.
Many have to live poor.

If you can live with out a lot of wants it is not hard to get by.

There are those today that are doing well.
There are more that are not doing as well as they would like.
There are tax laws that favor money earned on investments more than money paid in wages.
There is a failure by many to see if there is more money in the hands of the consumers more of what is produce will be sold. ( A healthy economy)

The system is top heavy.
Most of the money ends up in only a few hands.
Where a lot of that extra money buys favorable tax laws.

Now we have a lot of misinformed people that think this is the way it should be.
While claiming the people with out assets are the ones stealing their money.
Money that fuels the market place.

The idea that make the product (Supply side economics) & the economy will be fine
The thing that is wrong with that system is that with out enough money in the hands of the buyers (Who provide the demand side of economics.) More of what is made is unsold at prices that provide a reasonable profit.

So supporting a system where investment money that earns money is taxed more favorable.
The burden of supporting the economy falls on the hands of those that have the least.
In many ways it is the middle class that carries that load.
So stop & realize that if you are a middle class business owner how is the banks having more. Helping your bottom line?
Leaves less money to support a healthy economy.

I bring that up because many in the middle seem to think they are not ending up with their fair share.
Only a possibility. Not a fact. br A possibility t... (show quote)


A whole lot of pure dogsqueeze

Reply
 
 
Sep 17, 2019 16:32:30   #
bilordinary Loc: SW Washington
 
Floyd Brown wrote:
Of course we all should have our true needs met.
True needs in the sense that we don't include wants as needs.

I am inclined to think there are some that include special wants as needs in their lifes.
When others can have most of their wants others hope to keep some of their wants.


Will Bernie give us free toilet paper?

Reply
Sep 17, 2019 16:50:47   #
Tug484
 
bilordinary wrote:
Will Bernie give us free toilet paper?


There will be a shortage, so we better stock up on something else.
There are always shortages under his kind of method.

Reply
Sep 17, 2019 21:34:58   #
America 1 Loc: South Miami
 
bilordinary wrote:
Will Bernie give us free toilet paper?


Not only that but plenty of BS.

Reply
Sep 19, 2019 12:56:02   #
MR Mister Loc: Washington DC
 
Floyd Brown wrote:
In am not waiting for Trump to stack the deck in my favor.
I am facing the reality of having to live in the mess he creates.

You on the other hand seem to BE PLEASED with the mess he is creating.
TO EACH THEIR OWN!


I love his mess, lower taxes, he is making a BIG wall to keep out the trash. He is putting judges on the bench that know what the Constitution is!! He has stopped China from ripping us off, unlike Obama. He has put a few million people back to work, unlike Obama who put people out of work!! REREAD THIS.

Reply
 
 
Sep 19, 2019 13:02:38   #
Floyd Brown Loc: Milwaukee WI
 
MR Mister wrote:
I love his mess, lower taxes, he is making a BIG wall to keep out the trash. He is putting judges on the bench that know what the Constitution is!! He has stopped China from ripping us off, unlike Obama. He has put a few million people back to work, unlike Obama who put people out of work!! REREAD THIS.


That is just pouring out the can of your soup.

Reply
Sep 19, 2019 14:53:55   #
MR Mister Loc: Washington DC
 
Floyd Brown wrote:
That is just pouring out the can of your soup.


Yes indeed, and it's pure fact, like it or not.

Reply
Sep 19, 2019 16:24:36   #
Tug484
 
MR Mister wrote:
Yes indeed, and it's pure fact, like it or not.


:

Reply
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