trump's company stock is now down 53% in just a month.
the m/gas who own it will get a thrill from handing more money over to the seditionist-in-chief. The guy who asks for personal favors from war criminals.
I think they were at least hoping to get the app to the point where the SPAC merger could go through. That may be in danger now. Trump might not be able to cash out.
Margorie Taylor Green's disclosure shows that she invested between $15,000 and $50,000 in Truth Social. She got conned too. I wonder if she has to disclose when she sells.
trump's company stock is now down 53% in just a month.
the m/gas who own it will get a thrill from handing more money over to the seditionist-in-chief. The guy who asks for personal favors from war criminals.
I think they were at least hoping to get the app to the point where the SPAC merger could go through. That may be in danger now. Trump might not be able to cash out.
Margorie Taylor Green's disclosure shows that she invested between $15,000 and $50,000 in Truth Social. She got conned too. I wonder if she has to disclose when she sells.
interestingly, this is yet another example of immigrant Elon Musk creating billions of dollars of value for the US economy. Because of his great work in the past, anything Musk is associated with is assumed to have great potential, and he now owns a large piece of twitter and is on the Twitter Board. Just another way that the US is killing itself slowly by restricting immigrants and making the nation less hospitable to immigrants.
An invigorated twitter is likely to make trump's truthsocial even less profitable so the stock is selling off.
Although the other way to look at it is that musk will stop how twitter restricts and bans abusers and that would help the criminal m/gas. but make twitter more profitable.
trump's company stock is now down 53% in just a month.
the m/gas who own it will get a thrill from handing more money over to the seditionist-in-chief. The guy who asks for personal favors from war criminals.
I think they were at least hoping to get the app to the point where the SPAC merger could go through. That may be in danger now. Trump might not be able to cash out.
Margorie Taylor Green's disclosure shows that she invested between $15,000 and $50,000 in Truth Social. She got conned too. I wonder if she has to disclose when she sells.
There's a need for a social media app which isn't blatantly leftist. Trying to fill a market need and failing isn't a "con"...
Elon Musk just became the largest shareholder in Twitter for this exact reason.
1) there are now more americans working full time than ever before
2) the labor force participation rate for the key 18-64 demographic is now back to where it was before the pandemic. The overall number is lower because of the steady aging of the nation.
whenever you read about labor statistics, beware the effect of the aging of americ. until the population stops aging like this, there is a permanent headwind to jobs/labor. We are dropping out millions of workers because of aging and not replacing them at the young end.
So when you hear 'biden economy labor problems' just translate it to 'aging of america is skewing the statistics'
1) there are now more americans working full time than ever before
2) the labor force participation rate for the key 18-64 demographic is now back to where it was before the pandemic. The overall number is lower because of the steady aging of the nation.
whenever you read about labor statistics, beware the effect of the aging of americ. until the population stops aging like this, there is a permanent headwind to jobs/labor. We are dropping out millions of workers because of aging and not replacing them at the young end.
So when you hear 'biden economy labor problems' just translate it to 'aging of america is skewing the statistics'
1. The population is larger than it's ever been. There's also more pedophiles than ever before. This has absolutely nothing to do with government.
2. You're either lying or misinformed. The rate was higher in March of 2020 than it was in 2016.
1) there are now more americans working full time than ever before
2) the labor force participation rate for the key 18-64 demographic is now back to where it was before the pandemic. The overall number is lower because of the steady aging of the nation.
whenever you read about labor statistics, beware the effect of the aging of americ. until the population stops aging like this, there is a permanent headwind to jobs/labor. We are dropping out millions of workers because of aging and not replacing them at the young end.
So when you hear 'biden economy labor problems' just translate it to 'aging of america is skewing the statistics'
1. The population is larger than it's ever been. There's also more pedophiles than ever before. This has absolutely nothing to do with government.
2. You're either lying or misinformed. The rate was higher in March of 2020 than it was in 2016.
oh man you are just way over your head. You just did what I warned you NOT to do. So unserious.
I mentioned 18-64 on purpose. The labor force participation rate you mention is EVERYONE 16 and older. In other words, you just did what I warned people not to do: neglect the aging of the population.
All those 65-99 year olds are retiring quickly, bringing down the labor force participation rate as you note. but that's inevitable with that demographic bubble moving through the economy.
What's important is that the key 18-64 demographic is back to pre-plague. That excludes the 'aging of america' effect and shows the biden boom.
oh man you are just way over your head. You just did what I warned you NOT to do. So unserious.
I mentioned 18-64 on purpose. The labor force participation rate you mention is EVERYONE 16 and older. In other words, you just did what I warned people not to do: neglect the aging of the population.
All those 65-99 year olds are retiring quickly, bringing down the labor force participation rate as you note. but that's inevitable with that demographic bubble moving through the economy.
What's important is that the key 18-64 demographic is back to pre-plague. That excludes the 'aging of america' effect and shows the biden boom.
here's the graph showing that the nation has more people working full time than ever before. shows the long term strength of the US economy and yes population growth. Although the country has in effect zero population growth right now, so keeping up this line will be hard.
also note the V shape of the biden boom compared to previous recoveries after the Republican-president-led recessions in 2008, 2002, 1991, 1982.
oh man you are just way over your head. You just did what I warned you NOT to do. So unserious.
I mentioned 18-64 on purpose. The labor force participation rate you mention is EVERYONE 16 and older. In other words, you just did what I warned people not to do: neglect the aging of the population.
All those 65-99 year olds are retiring quickly, bringing down the labor force participation rate as you note. but that's inevitable with that demographic bubble moving through the economy.
What's important is that the key 18-64 demographic is back to pre-plague. That excludes the 'aging of america' effect and shows the biden boom.
Yes you mentioned 18-64 to support your narrative. The full retirement age for Social Security is 67. I wonder why your source excludes 65 and 66 year olds... Oh right they need to or their argument collapses.
oh man you are just way over your head. You just did what I warned you NOT to do. So unserious.
I mentioned 18-64 on purpose. The labor force participation rate you mention is EVERYONE 16 and older. In other words, you just did what I warned people not to do: neglect the aging of the population.
All those 65-99 year olds are retiring quickly, bringing down the labor force participation rate as you note. but that's inevitable with that demographic bubble moving through the economy.
What's important is that the key 18-64 demographic is back to pre-plague. That excludes the 'aging of america' effect and shows the biden boom.
Yes you mentioned 18-64 to support your narrative. The full retirement age for Social Security is 67. I wonder why your source excludes 65 and 66 year olds... Oh right they need to or their argument collapses.
Last Thursday, as I headed home from a conference, the car I’d booked to take me to the airport didn’t show up. Luckily there was a taxi nearby so I hopped in and discovered that, in addition to a comfortable ride to my desti...
Yes you mentioned 18-64 to support your narrative. The full retirement age for Social Security is 67. I wonder why your source excludes 65 and 66 year olds... Oh right they need to or their argument collapses.
Nearly two-thirds of 40-somethings have less than $100,000 in retirement savings. Here's a breakdown of how much four different age groups have in retirement savings.
Americans do not save for retirement anymore. The notion that people are just sitting on the nest eggs waiting to hit 65 and qualify for Medicare so they can retire has no basis in reality.
Americans do not save for retirement anymore. The notion that people are just sitting on the nest eggs waiting to hit 65 and qualify for Medicare so they can retire has no basis in reality.
let me get this straight:
You believe Americans don't save for retirement AND you want to end Social Security.
Won't that leave a giant mess of Americans with no retirement savings? Shouldn't you be fervently in favor of SS, given the poor savings habits of Americans? Better to force them to save via SS, right?
Americans do not save for retirement anymore. The notion that people are just sitting on the nest eggs waiting to hit 65 and qualify for Medicare so they can retire has no basis in reality.
let me get this straight:
You believe Americans don't save for retirement AND you want to end Social Security.
Won't that leave a giant mess of Americans with no retirement savings? Shouldn't you be fervently in favor of SS, given the poor savings habits of Americans? Better to force them to save via SS, right?
I believe Americans don't save for retirement because they're idiots who think Social Security is a retirement plan.
Social Security CAUSED the lack of savings.
If we invested our OASDI money in index funds rather than giving it to the government we'd be FAR better off.
You believe Americans don't save for retirement AND you want to end Social Security.
Won't that leave a giant mess of Americans with no retirement savings? Shouldn't you be fervently in favor of SS, given the poor savings habits of Americans? Better to force them to save via SS, right?
I believe Americans don't save for retirement because they're idiots who think Social Security is a retirement plan.
Social Security CAUSED the lack of savings.
If we invested our OASDI money in index funds rather than giving it to the government we'd be FAR better off.
So, in other words, you think Americans are idiots.
No, not in other words. In your own words, you think Americans are idiots.
You believe Americans don't save for retirement AND you want to end Social Security.
Won't that leave a giant mess of Americans with no retirement savings? Shouldn't you be fervently in favor of SS, given the poor savings habits of Americans? Better to force them to save via SS, right?
I believe Americans don't save for retirement because they're idiots who think Social Security is a retirement plan.
Social Security CAUSED the lack of savings.
If we invested our OASDI money in index funds rather than giving it to the government we'd be FAR better off.
um....most americans depend on and cherish SS. You are calling most americans idiots for liking a plan that keeps a roof over their heads and food on the table in their old age. Lord knows what you would want to happen to the 80 year olds who didn't invest in the stock market and are broke under your system. A forced savings system with no risk is absolutely needed in this country of non-savers.
I believe Americans don't save for retirement because they're idiots who think Social Security is a retirement plan.
Social Security CAUSED the lack of savings.
If we invested our OASDI money in index funds rather than giving it to the government we'd be FAR better off.
So, in other words, you think Americans are idiots.
No, not in other words. In your own words, you think Americans are idiots.
Also, here's a hint for you. Americans NEVER saved enough for retirement, even before there was any such thing as Social Security.
When I was a child (well, under 30, anyway) I thought exactly like you do on this topic. Forget Social Security! Just give me the money - I'll invest it as I choose and be much, MUCH better off. And that would have been true. I would have invested it well and been much better off.
The problem is that most Americans wouldn't. And then we'd be back to letting millions of seniors starve because they were not wise enough to save earlier in life . . . or bailing them out using taxpayer funds.
Here's another hint for you. Look up what happened to the poverty rate of senior citizens prior to the advent of Social Security and after Social Security came into effect.
I believe Americans don't save for retirement because they're idiots who think Social Security is a retirement plan.
Social Security CAUSED the lack of savings.
If we invested our OASDI money in index funds rather than giving it to the government we'd be FAR better off.
um....most americans depend on and cherish SS. You are calling most americans idiots for liking a plan that keeps a roof over their heads and food on the table in their old age. Lord knows what you would want to happen to the 80 year olds who didn't invest in the stock market and are broke under your system. A forced savings system with no risk is absolutely needed in this country of non-savers.
Jeff Bezos is going to get social security.
Mark Zuckerberg is going to get social security.
The average social security check at age 67 is around $1,500. Somewhere between 12 and 40% of Americans rely solely on Social Security in retirement. You argue that the kid washing lettuce at Wendy's should make at least $2,600 a month but you think $1,500 is a great deal for retirees?
If the "forced savings" was done intelligently that $1,500 check would be much much larger.
OASDI is 7.65% If you make $50,000 you pay $3,825 a year in Social Security tax. Over a 40 year career that is $153,000. If you put that same $3,825 into an index fund after 40 years you'd have over $1.1 million.
If the government didn't suck at everything it did there would be no poverty in retirement
I think they were at least hoping to get the app to the point where the SPAC merger could go through. That may be in danger now. Trump might not be able to cash out.
Margorie Taylor Green's disclosure shows that she invested between $15,000 and $50,000 in Truth Social. She got conned too. I wonder if she has to disclose when she sells.
There's a need for a social media app which isn't blatantly leftist. Trying to fill a market need and failing isn't a "con"...
Elon Musk just became the largest shareholder in Twitter for this exact reason.
It's a con when you tell people that you are building a legitimate business, but you don't really try to do that. It's been clear to me from the beginning that they were just trying to cash in on the SPAC.
So, in other words, you think Americans are idiots.
No, not in other words. In your own words, you think Americans are idiots.
Also, here's a hint for you. Americans NEVER saved enough for retirement, even before there was any such thing as Social Security.
When I was a child (well, under 30, anyway) I thought exactly like you do on this topic. Forget Social Security! Just give me the money - I'll invest it as I choose and be much, MUCH better off. And that would have been true. I would have invested it well and been much better off.
The problem is that most Americans wouldn't. And then we'd be back to letting millions of seniors starve because they were not wise enough to save earlier in life . . . or bailing them out using taxpayer funds.
Here's another hint for you. Look up what happened to the poverty rate of senior citizens prior to the advent of Social Security and after Social Security came into effect.
In 1935 when SS was enacted most American men didn't even live to be 60. Social Security was NEVER expected to be a retirement system. It was a safety net for a small minority of people and it is now doing more harm than good as ALL government programs eventually do.
I'm all for forced savings. Social security is just absolutely the worst possible way to do it.