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happyaccident

(136 posts)
1. The unemployment rate is bullshit, stocks are for the rich
Sun Jun 23, 2019, 01:57 PM
Jun 2019

Who cares if employers can fill their jobs if you can't live off the wages? And 84% of all stocks are owned by the upper 10%. That 84% is 11% higher since 2008. Recessions are used to drop asset prices and increase debt. This is good business for foreclosures and banks. The tax cut went mostly to stock buybacks not to worker's wages. Warren's idea of giving workers 40% representation on corporate boards is a start, next thing- profit sharing. I don't look at the news to tell me about this, I just look at my community for the real truth.

Latest Discussions»General Discussion»The economy is booming. B...»Reply #1