Big Win for Trump; the poor benefitted the most under Trump; BIG NUMBERS

Discussion in 'Political Opinions & Beliefs' started by Lee_Wang_Tran, Feb 8, 2020.

  1. Lee_Wang_Tran

    Lee_Wang_Tran Newly Registered

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  2. Daniel Light

    Daniel Light Well-Known Member

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    The article you linked says that Trump's numbers are average and nothing near as good as Clinton's. You didn't read it, did you?
     
  3. doombug

    doombug Well-Known Member

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    This win is Yuge!
     
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  4. kriman

    kriman Well-Known Member Past Donor

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    The democrat's claim is that this economy is only benefiting the rich. This shoots that claim all to heck.
     
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  5. Daniel Light

    Daniel Light Well-Known Member

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    IF you had read the article you would see that the bulk of the middle class rise was from increased home values.

    Lets take a look at that.

    Between 2014 and 2016, median home value rose $25,000.
    Between 2017 and 2019, median home values rose $22,000.

    So unless you want to claim that Obama's economy was better than Trump's, you might want to tone down your applause a bit.
     
  6. kriman

    kriman Well-Known Member Past Donor

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    Regardless of how you want to spin it, better is better and that is especially true for those at the lower end of the income scale.
     
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  7. Just A Man

    Just A Man Well-Known Member

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    Why are we always wanting to help the poor and help the middle class. The opportunities are there, have always been there, for them to help themselves, regardless of who is in the Oval Office. I was born poor. I define poor as wearing second hand clothes, no heat in the winter, and going to bed hungry. But through hard work I eventually made it to middle class and then on to the top 10%. Looking around today I see a cornucopia of opportunities for all.
     
  8. 61falcon

    61falcon Well-Known Member

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    Did you read the story you quoted???The NET WORTH of the poorest half of family household wealth was $1.6 Trillion out of the total household wealth of $107 TRILLION.If you think that is a statistic to be proud of there's a bridge in Brooklyn you might be interested in.It's DISGUSTING!!!!
     
  9. Robert E Allen

    Robert E Allen Banned

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    Yes i am proud of that statistic. But I'm not into wealth redistribution .

    Thank God for rich people..
     
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  10. 61falcon

    61falcon Well-Known Member

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    From your same Reuters article, since 1989 compound growth in household wealth has grown by average 1.39%, under Trump it is LESS at 1.34%.Household wealth for the poor has DECLINED UNDER DIRTY DONALD!!!!!
     
  11. ButterBalls

    ButterBalls Well-Known Member

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    Well that certainly spindango :) My Momz home in the bay area went from 2.5 million to 1.2 after the housing crash! Mr. Obatards contribution to recover never really improved above that! Under Trump its once again hovering around two mill, and the only thing holding it back is the city made it a historical land mark thingy so that's kind of messing with the value.. But the historical thing happened right as Mr. Obatards reign of stagnation was ending!
     
  12. Daniel Light

    Daniel Light Well-Known Member

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    San Francisco is hardly a market that reflects the majority. Check national averages next time ... cause I know a guy whose house value increased 500% while Obama was in office, but that's hardly a benchmark, now is it.
     
  13. ButterBalls

    ButterBalls Well-Known Member

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    Yup, and doesn't do much for your spin either, Then again, you have to consider Tesla, google and Apple tech are all located less then 30 min drive from my Mothers place with Frisco only 60 miles away. Plus you have the Colleges

    Not to mention the Public beach's many less then 45 min drive over Hecker Pass.. Doesn't get much better then that In Cali ;) ¯\_(º¸º)_/¯
     
    Last edited: Feb 8, 2020

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