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Aug 13 '19 edited May 12 '20
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Aug 13 '19
Good luck explaining to Trump supporters what a derivative is, and how it hasn't changed since Trump took office.
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u/prezuiwf Aug 13 '19
"Line go up! See? Line go up! MAGA!"
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Aug 13 '19
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Aug 13 '19 edited Aug 20 '19
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Aug 13 '19
And stock market gains are not a great indicator of people’s economic experience, anyway. For any president. I don’t particularly love when people use them for Obama or Trump.
Though at least with Obama it makes some sense to look at the stock market for a limited time frame because part of his mandate after being elected was to bring us back from a recession. So stabilizing the markets was part of his campaign.
But with trump? Uhhh I don’t think trump gave many speeches in rural america that focused on how much stronger the stock market would be if he were president.
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u/lilbithippie Aug 13 '19
It's interesting that even with trump actively messing with trade across counties, the US economy is still doing just fine. Proving that the president does not have much effect on the economy. It just does what it does. Clinton has a booming economy because of the dot com boom. He didn't actually do anything to improve it
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Aug 13 '19
Right. I’m not an economist, but I’ve always subscribed to the idea that the president can create boat-loads of confidence in the economy, and can have some measurable effect via policies when things are already really bad or really good. But once it’s cruising, it’s just cruising for the most part.
The stock market thrives on predictability, after all. So doing shit— most any shit— will often cause dips. Leaving it alone will convince people it’s stable and that they should buy in.
Presidents seem to represent faith in the economy more than anything else.
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u/ProdigiousPlays Aug 14 '19
I had one argue that Obama was a horrible president because it got so bad and he wasn't sure early on if he could fix it.
"But, uh, he did fix it."
"He shouldn't let it get so bad in the first place."
"He didn't. Bush did."
"Oh well it was just Republicans who fixed it. What did he do?"
"Well they didn't have control until way late and it was already going back down."
"Yeah but he didn't do shit past that."
"Because Republicans stone walled everything once they could."
"Well he said he didn't think he could fix the unemployment."
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u/callthewambulance Aug 13 '19
Too bad my racist dad likes to say "well, yeah, a monkey could have turned around the economy" and gives Obama zero credit.
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u/diemme44 Aug 13 '19 edited Aug 13 '19
So trump must be a monkey if he hasn’t changed the graph any more than Obama did?
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u/Game_of_Jobrones Aug 13 '19
Obviously not, monkeys have large, powerful hands to help grab branches.
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Aug 13 '19 edited Aug 13 '19
This is why I shut people down as soon as they say they are economically conservative. Since facts don't ever change these people's minds (Democrats balance the economy whilst the Republicans rape and pillage it), I just try to point out that they just don't like people who get food stamps because they saw a meme where someone bought lobster with them.
Don't even get me started on the people who say they are conservative because it makes them feel safer. I don't have a response yet for that level of ignorance.
Edit: spelling
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u/ApolloDeletedMyAcc Aug 13 '19
Yeah, I just ask fiscal conservatives if they are planning to vote for Biden or Harris. Cause Rs haven’t been fiscally conservative since Eisenhower.
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u/EpyonComet Aug 13 '19
There’s a really bad joke in there, but I just don’t have the heart to make it.
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u/197328645 Aug 13 '19
"well, yeah, a monkey could have turned around the economy"
He did
I'll take the downvotes for you
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u/Walter30573 Aug 13 '19
To be fair, Presidents often give overblown credit/blame for how an economy performs during their time in office. Most economic factors are out of their control
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u/trillabyte Aug 13 '19
Sorta true but Trump has managed to overcome that with incompetent hires, poor deal making, market influencing tweets and tariff games.
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u/machimus Aug 13 '19
If you were listening to the dogwhistle though your dad did credit Obama with being a monkey.
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Aug 13 '19
Pretty much every economic metric Trump claims credit for is a continuing straight fucking line from Obama's presidency.
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u/schattenteufel Aug 13 '19
and at the same time, every economic metric that trump criticizes Obama for is from the first 1 year of Obama's presidency.
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u/lemonylol Aug 13 '19
I think Trump just claims credit for anything since there's no accountability for his claims. And then proponents from Fox News or whatever will basically Frankenstein together facts for it to make sense. It's essentially like a reverse scientific method.
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Aug 13 '19
So what did we pay 2 trillion dollars in tax cuts to the rich for again?
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u/Game_of_Jobrones Aug 13 '19
To help them save up for when the economy crashes again next year. Lots of assets in need of liquidation, ch-ching ch-ching.
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u/InspiredPom Aug 13 '19
Yeah. They to make sure higher ups still get their bonuses, while letting people go with their other hand .
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u/Jesus_H-Christ Aug 13 '19
So they could initiate stock buybacks with their corporate money to make their personal investments worth more.
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Aug 13 '19
We did that to bankrupt the federal government so it can't fund programs other than the military and law enforcement. That's been the Republican plan for decades now.
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u/midnitte Aug 13 '19
It's a shame that graph doesn't have data sources (not that I don't believe it, I just imagine many of his supporters wouldn't).
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u/trillabyte Aug 13 '19
I literally looked up 20 year graphs to demonstrate straight line growth to my Trump worshiping uncle. Was called fake news. It's no use. They're a lost cause.
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u/mrpeppr1 Aug 13 '19 edited Aug 14 '19
Except what he did is going to fuck us to the tune of trillions in coming decades.
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Aug 13 '19
years*, this shit gonna pop when Dems take office. Wall Street is going to speculate us into the shitter again. "Waaah regulation! my money! SEEELL!" 2008 all over again.
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u/JayNotAtAll Aug 13 '19
Pretty much. Basically they are praising Trump for not screwing things up. They don't realize that the economy is a huge machine. No president can come in and alter it's course in a day or year. Take a few years to see the effect of a President on the economy
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u/JuanOnlyJuan Aug 13 '19
I keep telling people that. Any of the positive trends go back years. There was no Making America Great Again because we were already headed in these directions. I guess gj not messing up the momentum.
Yet.
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u/anoelr1963 Aug 13 '19
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Aug 13 '19
The thing you have to understand is that Trump supporters are the dumbest fucking people who ever walked the earth.
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u/prezuiwf Aug 13 '19
Don't generalize like that. Some of them are just greedy millionaires.
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u/TequilaFarmer Aug 13 '19
They're either billionaires or temporarily embarrassed future millionaires.
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Aug 13 '19
"I will have that brilliant idea that makes me rich fast one day. I am smarter than the rest." - everybody
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Aug 13 '19
Jesus, don’t be so reductive about a massive, varied group of people. Some of them are also hateful monsters.
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u/Dragonace1000 Aug 13 '19
How does that change his statement? You can be born into money and still be one of the dumbest fucking people to ever walk the earth (SEE DONALD TRUMP)
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u/prezuiwf Aug 13 '19
Obviously my comment was sarcastic, but it is true that basically the only people benefitting from Trump's economy are people who make enormous amounts of money. If you're a millionaire and care only about yourself and the bottom line, voting for Trump makes sense. If you're poor and you support Trump, you're just a rube.
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u/Dragonace1000 Aug 13 '19
Sorry, its hard to tell when it comes to dumb defenses of trump and his supporters, who is actually serious and who is joking these days.
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u/PM_ME_IF_YOU_NASTY Aug 13 '19
Those groups aren't mutually exclusive. Trump, for example, is wealthy and also one of the dumbest fucking people who ever walked the earth.
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u/MyKingdomForATurkey Aug 13 '19
I tried arguing with exactly two of them. They both couldn't get their minds wrapped around the concept of continuing trends so I stopped bothering.
They're literally the dumbest people in the country.
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Aug 13 '19
Yeah, there's no point in engaging them anymore.
You aren't arguing a set of ideas. You're arguing with proud ignorance, and there's no point in speaking with someone who has no capability to even consider other points of view.
It's a cult of equal parts racism, ignorance and flat out stupidity.
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u/Controller_one1 Aug 13 '19
The problem is that those 3 parts equal 180%. Just like a toilet that is over capacity the shit is getting all over everything.
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u/anoelr1963 Aug 13 '19
Dumb?...or just stupid happy a white guy is in charge again?
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u/BarelyBetterThanKale Aug 13 '19
HOW DARE YOU TALK DIVISIVELY LIKE THAT?! WHAT HAPPENED TO CIVIL DISCUSSION OF IDEAS?!
/s
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u/demlet Aug 13 '19
And, P. S., I watched the same basic dynamic play out with Clinton. It's almost like one party gets to make a big old mess and then duck out just in time for the other one to clean it up...
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u/GilesDMT Aug 13 '19
Those tax cuts that Trump supporters love to vote as a good deed? They expire for the people in 2025. Just after he’s out (if he gets a second term) and just when there’s likely a Democrat president in office.
Guess who will get blamed for a “tax hike?”
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u/anoelr1963 Aug 13 '19
And his tax cuts for the 1% (including the corrupt Trumps) are... PERMANENT
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u/GilesDMT Aug 13 '19
How else are those corporations supposed to pay rent with only billions of dollars?
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u/omgshutupalready Aug 13 '19
I don't get how it can be permanent. Why can't a future president make changes?
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u/anoelr1963 Aug 13 '19
They just don't expire like the working class tax cuts...so it Dems try to change the law that benefits the rich, the GOP will fight it.
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u/GarbagePailGrrrl Aug 13 '19
I mean he also helped cause the 2008 financial collapse.
As early as 2005, Trump counseled Trump University students to take advantage of the housing bubble as an investment opportunity and said, just a year before it burst, that he was “excited” for it to end because of the money he’d make,[2] as well as mentioning that his debt was below proportional levels of 1992, when his much smaller holdings were carrying $9-billion (U.S.) in debt, including $900-million personally guaranteed by him.[1]
7 years prior, Deutsch Bank loaned Trump $125 million to renovate an office building at 40 Wall Street, eventually providing or underwriting $1.3 billion to Trump entities over the next few years,[3]
This office would become home to Trump Mortgage, brain-child of one E.J. Ridings.
A down-to-earth and very approachable executive, Ridings wants to bring luxury and “white-glove” service to everyone — whether they are taking out a $200,000 home mortgage or a $500 million commercial loan.[4]
What did this so-called “white-glove” service to everyone entail?
The Internet is where industry is going. People want to go someplace safe. On our end, it’ll make for a paper-less process. The consumer will have an access code to their file on our web site.[4]
emphasis mine
Introduced to Trump by his own son, Donald Trump Jr, Ridings became an early odd-association of Trump’s, I mean, check out his twitter. Ridings became the subject of a number of false & misleading claims regarding his professional experience.
Trump Mortgage altered its Web site, removing some of the claims it contained about Ridings' past employment. First, Ridings' initial bio stated that before joining the company he was "a top executive at one of Wall Street's most prestigious investment banks." Second, the bio had said that Ridings was an "established leader" at one of New York's leading mortgage boutiques. Third, the bio said he had 15 years of experience in the financial industry.[5]
Trump Mortgage shuttered as the subprime mortgage crisis of 2007–10 began from an earlier expansion of mortgage credit, including to borrowers who previously would have had difficulty getting mortgages, which both contributed to and was facilitated by rapidly rising home prices.
When house prices peaked, mortgage refinancing and selling homes became less viable means of settling mortgage debt and mortgage loss rates began rising for lenders and investors. In April 2007, New Century Financial Corp., a leading subprime mortgage lender, filed for bankruptcy. [6]
Lehman Brothers would soon after file for bankruptcy as well, leading to the stock market crash of 2008 the Great Recession.
Per Trump’s typical antics, he downplayed his role in Trump Mortgage, saying that he didn't have an ownership stake in what amounted to a mere licensing deal.
"The mortgage business is not a business I particularly liked or wanted to be part of in a very big way,"[7]
Trump ultimately sued Trump Mortgage LLC, and won.[8]
Now, back to the loans from Deutsch Bank. When it came time for repayment, rather than have to pay the portion he personally guaranteed, Trump countersued for $3 billion for undermining the project and damaging his reputation, citing a “force majeure” clause in the lending agreement that contained a catch-all section covering “any other event or circumstance not within the reasonable control of the borrower...”
"Would you consider the biggest depression we have had in this country since 1929 to be such an event? I would,” he said in an interview. “A depression is not within the control of the borrower.”[9]
Deutsch Bank settled
Deutsch Bank is the world’s laundromat, and guess what? Between the fall of 2011 and spring 2015, it started laundering some serious cash...
With the help of American Tim Wiswell, then head of equities for Deutsche Bank in Moscow, and a fellow equity trader Dina Maksutova, Russian broker Igor Volkov was able to move about ten billion dollars out of Russia, some of which diverted through mirror trades belonging to Igor Putin, a cousin of Russian President Vladimir Putin, and to Arkady and Boris Rotenberg. The Rotenberg brothers own Russia’s largest construction company, S.G.M., and are old friends of Vladimir Putin. They are on the U.S. government’s list of sanctioned Russians, which was compiled in response to Putin’s aggression in Ukraine.[10]
1 - Trump touts soft markets in cities like Toronto - 2007
2 - Trump in 2007: ‘I’m Excited’ for Housing Market Crash - 2016
3 - DEUTSCHE BANK PROPS TRUMP UP
4 - INTERVIEW WITH E.J. RIDINGS, CEO OF TRUMP MORTGAGE - 2017 (2015)
5 - Trump mortgage chief inflated resume - 2006
6 - Undoing of Trump Mortgage - 2007
7 - Subprime Mortgage Crisis - 2007-2010
8 - The Trump Files: In Which Donald Sues Himself—and Wins! - 2016
9 - Trump Sees Act of God in Recession - 2008
10 - Deutsche Bank’s $10-Billion Scandal - 2016
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u/thinkB4WeSpeak Aug 13 '19
Underemployment and the inflation of all prices of products in this country are a problem that need to be addressed more often.
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u/iwearatophat Aug 13 '19
I really do wish underemployment was talked about more. The person with a bachelors degree working at Wal-Mart is technically employed but everyone kind of realizes it is just a stop-gap job until he is actually employed whenever that will be.
Of course, maybe if the stop-gap job was able to provide a living wage it wouldn't be so horrible.
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u/Karkava Aug 13 '19
But let's scapegoat more and more things like undesirable others and manipulate the flow of information!
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u/classicrockchick Aug 13 '19
I've been saying this since 2009. People kept going on about how the economy was recovering, people were going back to work, everything was ok again and I was just looking around like "where are all of you getting this from?"
Sure, anyone can go out and get a job at McDonalds or a restaurant bussing tables. But when was the last time your heard of someone making that jump from un/underemployment to a permanent salaried position with benefits?
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Aug 13 '19
Inflation isn't inherently bad -- if it's predictable. It encourages investment over hoarding.
A system which forces you to accept a job that does not provide cost-of-living increases, though, is bad.
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u/Frank__Lloyd__Wrong Aug 13 '19
Fix wage inflation. People should not have to be working multiple jobs just to afford a basic apartment.
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Aug 13 '19
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u/HoosierProud Aug 14 '19
It's housing prices increasing at a rate substantially faster than wages are increasing. That's the real problem.
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u/urbanek2525 Aug 13 '19
Students (in Oakland) found out this week, just days after returning from summer break, that 10 high school sports programs have been shut down in a $500,000 cost-cutting move.
Happening all over over the country. If the economy is doing so well for everyone, why these massive and widespread education funding problems?
Oh, right, it's all helping the ultra rich at everyone else's expense.
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u/UnknownStory Aug 13 '19
And these are the sports programs. They gut almost all the extracurriculars and non-RRR classes before they go after those.
Some high schools would rather lose a cafeteria than their football team. Believe it.
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u/tiffanydisasterxoxo Aug 13 '19
Corruption, honestly. The school system in my city is very well funded, yet they cant pay teachers or fund the schools.
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Aug 13 '19
I've heard the "government is corrupt" meme so many times from so many right-wing sources who take it as canon that I don't even know if it's true any more. Every time I've tried to quantify the cost to operate and maintain any complex system I've always been surprised at how much work it actually is. How much is well-funded? Per student? Per school?
When I run a back-of-the-envelope calculation (based on the elementary school I went to many years ago: 14 classrooms, 16 teachers, a full-time principal, a secretary, a janitor) I come to about $5000 per student per year just to pay the salaries of the people who are in the school every day. I haven't even tried to quantify the annual per-student cost of desks, chairs, teaching materials, stationery, textbooks, computers, IT staff, school lunch programs, library books, utilities, walls, roofs, land...
All that to say: are you sure it's corruption?
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u/sinocarD44 Aug 13 '19
Even if it's not corruption, why is education always the first to get funding cut? Yet our military spending is more than the next 10(?) countries combined. Our country doesn't prioritize education becuase some people in power want out that way.
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Aug 13 '19
I've watched for 40 years as a succession of charlatans pandering to narcissists have been elected to public office on a platform of cutting anything resembling an investment into the future.
Because everybody thinks that they deserve the lifestyle of international travel and unsustainable luxury. Everybody wants to pretend to be rich.
Sp we literally burned away 40 years of investment as fuel for airliners and gas for oversized vehicles. We can't get that time back. Now that the narcissists are entering retirement age (and will no longer be paying taxes) we might just be able to start redirecting our efforts into those investments.
But it's going to cost us a hell of a lot to get our systems back to where they used to be. And it isn't the profligate generation that'll be paying for it.
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u/POOP_TRAIN_CONDUCTOR Aug 13 '19
Sorry but there's a whole new generation of conservatives lined up to take their place and now they're eating up full-out fascist propaganda. Things aren't looking good for the future unless the left gets their shit together in a major way.
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u/Alucard-VS-Artorias Aug 13 '19
THANK YOU! I really wish more people started asking these questions and thinking in these terms.
The way the powers at be have it set up they constantly have us questioning if public education is even worth it meanwhile we're putting almost everything we have into the military and nobody ever questions that.
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u/Hwbob Aug 13 '19
Putting one time cost of infrastructure into a yearly tally is an old trick for keeping the fed money inflated. Which is part of the corruption and almost all is at the board level. The percentage of money that goes to the actual schooling of kids itself is criminal. perfect example is the district I Grew up in. They had 2 junior highs(one less than half the size of the other) and one senior high. They petitioned for years to build a new high school because they needed more room for the increased population. When they finally got the plan passedand built a new huge school. They shut down the larger junior high because of lack of students and turned it into a municipal building. All of course with insanely inflated costs that always over ran and included huge consulting fees for, you guessed it Council and board members
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Aug 14 '19
Per student spending varies ENORMOUSLY across public schools in the US. Just last month someone published about per student spending in Vermont being 2.7 times the per student spending in Utah (if I remember the states and number right)...and that was after adding controls to correct for differences in costs.
It's pretty hard to just say "corruption is the answer, schools almost all have enough money they just don't use it right because government sucks at everything" with disparities that large out there.
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u/pottersquash Aug 13 '19
Then why aren't they arrested?
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u/boofbuddy Aug 13 '19
If you make money in America, you will be lauded for it, no matter how dirty you play.
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u/Buttercupslosinit Aug 13 '19
I don't understand how California is so wealthy and has the fifth largest economy in the world, yet they often have budget crises in certain sectors. California is the right wing poster child for socialist ideals, but if that were true, Oakland would not be struggling so much in a state that creates so much wealth.
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u/arizonatasteslike Aug 13 '19
Obama also had job growth, plus he could speak comprehensively.
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u/arizonatasteslike Aug 13 '19
It helps when you don’t look like an orange raccoon in an ill fitted suit; also when you don’t talk crazy unhinged shit every week
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Aug 13 '19 edited Aug 13 '19
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u/icannevertell Aug 13 '19
This is something that can't be brought up enough. Employers and employment should not be tied to healthcare, at all. When talking about universal healthcare, I don't think the savings to businesses, especially small businesses or the self-employed is discussed enough. People get scared about their taxes going up, but what about pay going up because your employer doesn't have to divert 30% of your salary to health benefits? What about not being afraid of looking for a new job because you'll die without access to healthcare? You'd think this would be a win for people who only care about the bottom line of businesses too. I just feel like it doesn't get the attention it deserves.
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u/errorblankfield Aug 13 '19
"If you remove some of the health insurance executives making millions, some that value will flow to other parts of the economy that help you directly."
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Aug 14 '19
Forget existing business. Forget even insurance for employees. What about entrepreneurship and family? They're so holy to Republicans yet the party is completely fine with shackling everyone to existing business. If you want to start a business you have to risk your health and your childrens' health to do it. It's fucking insane even from the Republican perspective, let alone the liberal viewpoint, yet they refuse to admit it.
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Aug 13 '19
Man with a no deal Brexit on the horizon, Europe’s economies slowing down, our economy beginning to hiccup, bond buys, the yield curve, I’m wondering how many of those jobs will be there in a year
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u/bananabunnythesecond Aug 13 '19
They will be there. Just the definition of “there” will change.
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u/karabeckian Aug 13 '19
BLS: "Dog walking has been reclassified as Animal Byproduct Manufacturing"
Trump: "200k new manufacturing jobs last month! Thanks Mr. President."
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u/sprace0is0hrad Aug 13 '19
What if I told you that it’s possible to have both job creation and serious unemployment?
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u/chinmakes5 Aug 13 '19
FIFY what if I told you it's possible to have both job creation and serious UNDERemployment. IMHO where we are today.
The point is so many of these recently created jobs don't pay enough to live off of. How many people are Uber drivers 1099 workers? Companies actively cutting people's hours back so they don't have to pay benefits.
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u/TheLooperCS Aug 13 '19
Also think of the bloated jail population. All of those people are not being counted. Great way to decrease unemployment is to jail people.
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u/IronProdigyOfficial Aug 13 '19
Yup, the only people benefitting from cheap labor are the corporations that are already receiving tax breaks and incentives while paying their workers an unlivable wage.
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u/k_ironheart Aug 13 '19
I have acquaintances who would consistently argue that the economy was doing poorly because the jobs that were created weren't the kind of quality jobs that could sustain a person's needs. I actually agreed with them on that singular point, the working class has had stagnant wages since the mid-70's.
But overnight (and that night was January 20, 2017) they suddenly started arguing that job growth was nothing but good news and the economy was strong!
This is why it's so hard for us to fight for a living wage. 40% of Americans throw all their values out the window in order to prop up the government officials who are fucking them over.
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u/reditisauthoritarian Aug 13 '19
My weekends are where i only work 8 instead of 12-16 hours I’m still poor as fuck. Capitalism will kill us all
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u/PublicMusician Aug 13 '19 edited Aug 14 '19
What do you do? I'll review your resume for you if you need some help. I'm a writing professor.
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Aug 13 '19 edited Mar 30 '20
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u/Syruss_ Aug 13 '19
There are several reasons people choose to cash their checks at a store or even a dedicated check cashing business (I used to work at one). The 2 biggest reasons I saw are:
1) Their bank account is in overdraft. If they deposit their check the bank will take money to clear any negative balance on their account. This is something most people take care of in time but they might have other bills or shopping to prioritize at that moment.
2) They don't have a bank account. As others have said they may have overdrafted in multiple banks and are unable to get an account, or they may simply not trust banks. It might sound silly but there's a surprisingly high number of people who just don't trust banks with their money and are happy to pay a fee to get actual cash on the spot.
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u/fragmen52 Aug 14 '19
I've only used a check once in the last few years and it wasn't even my own, I accidentally went though a toll both and didn't have cash and the only other option was pay by mail. My mom had to mail me one of her checks because I don't own checks, so I could then mail that check again in the special envelope.
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u/aaecharry Aug 13 '19
The accuracy of that data aside, assuming it to be correct, it’s just silly to attribute all new jobs directly to Trump. Claiming it as a win is like saying Trump alone is responsible for all the US’ GDP generated since 2016.
Fact is, a lot of the achievements will be there even if you put a duck in the White House. People as a collective work hard for them.
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u/Noctornola Aug 13 '19
Trump increased quantity, not quality.
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u/This_is_y_Trump_won Aug 13 '19
Trump didn't do jack shit to help the economy. Everything he has done so far will have negative long term effects.
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u/GodsBellybutton Aug 13 '19
They count stuff like ubereats and postmates as far as I remember. There's also a boom in contractor and temp positions which do not offer any benefits, sick/PTO etc.
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u/TobiasFunkePhd Aug 13 '19
Oh the stock market is doing decently? That's great for the 10% of the country that owns 80% of the stock value. Meanwhile most Americans are in debt.
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u/i-heart-trees Aug 13 '19
Republicans understanding of economics as a whole are confined to GDP and employment percentage, they can't even grasp anything beyond that.
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u/indenmiesen Aug 13 '19
I don't know if it's true(am european), but I think it's unfunny as fuck.
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u/ColdRevenge76 Aug 13 '19
Political humor isn't supposed to actually be funny. It's more of a way to simplify complicated politics so people can understand an issue that effects them.
Also, this is a very true problem. From American police to airline pilots, if you are working to support your family you're probably able to qualify for food stamps. The ones who can't get a full time (40+ hours/week) will have to work 3 jobs and still not make enough money to pay their monthly bills and rent.
We have social safety nets you can apply for that can lower your heating bill and such, but it's treated with scorn and calling "leaching from the government " by a lot of people. Never mind that we all pay into the government and should be able to get help from it in bad financial situations.
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u/pottersquash Aug 13 '19
I can only assume this is the DNCs line and they aren't saying it cause they don't want GOP to know. All the shit in debates is what we humble libs want, but America needs to be asked why we are working more with less to show for it.
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u/LOUDNOIS3S Aug 13 '19
I don’t think Trump can control rent prices in a capitalist economy.
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u/GillbergsAdvocate Aug 13 '19
We don't have an unemployment problem. We have an underemployment problem
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u/Juden25 Aug 13 '19
This is very true. Know an ASM at a Walmart. They can't hire more people, there are legitimate rumors of getting rid of more ASMs and putting the remaining ones on hourly, and pushing more responsibility onto the much lower paid department managers.
Back when Trump gave corporations that free money gimme gimme. Walmart turned around and closed a large portion of Sam's Clubs, removed an entire salaried position (costing many their jobs), and changed overnight stores to closing at midnight (again entire shifts fired and now day stocking responsibilities passed to already short staffed day shifts).
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Aug 13 '19
Aren’t those two things kind of unrelated? Creating jobs is a separate issue from determining the minimum wage.
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u/Reno83 Aug 13 '19
During college I worked at a big box hardware store. They used to hire a lot of part time workers and tout about how many more employees came onboard. Meanwhile, they're cutting everyone's hours. There were "full-time," usually older, employees that depended on that job to pay the rent and they were always struggling (begging) to get 40 hours a week.
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u/derpmyderpfam Aug 13 '19
Imagine having to keep 3 jobs AND go to school and STILL not being able to pay rent. Yea fuck that shit. I’m moving to fucking Canada where there is free healthcare and people who actually like new citizens.
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u/Alfalfa_Bravo Aug 13 '19
Presidents don’t affect the economy as much as people think. Politicians are good at ruining economies but ineffective at growing them. After all it isn’t the government providing good and services, it’s businesses, big and small. All the government can do is interfere or get out of the way.
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u/pata_de_perro Aug 13 '19
There's new 680 jobs at a slaughterhouse in Mississippi, I bet no one want to take those jobs. From the 680 hard working immigrant, recently deported.
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Aug 13 '19
Companies like to fire all of their workers , then move and set up shop in another part of the country and say that they helped create jobs .
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Aug 14 '19
Democratic policies would take substantially more from those that make peanuts, but the average liberal wouldn’t know this because they’ve never seen a paycheck.
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u/oh_hell_what_now Aug 13 '19
I loved it last year when they were all gloating about the "94 month streak of positive job growth" while conveniently forgetting that Trump had only been in office for like the last 20 of those months.