Spooooooky!!! Anyone else feel like we're in eerily similar times today as we were in 2007-2008. Only top 20% have more savings than pre Covid

[GnauzBookOfRhymes]

i'm getting less and less in favor of this because these fed policies for the "middle income" pretty much screw "middle income" earners in high COL areas/states.

Better no one gets help than some? I feel where you’re coming from - but I’m trying to look st this from the perspective of the entire nation. Low/middle income spending drives a healthy chunk of our economy.

 

[dora_da_destroyer]

Better no one gets help than some? I feel where you’re coming from - but I’m trying to look st this from the perspective of the entire nation. Low/middle income spending drives a healthy chunk of our economy.

not when it hurst my pockets i'm all for helping the low income tho, but the whole concept of "middle" income is nebulous. too many policies hurting people like me both from the left (considered rich, so lets tax em) and right (rich enough to tax more as we cut taxes for the truly wealthy)

 

[GnauzBookOfRhymes]

not when it hurst my pockets i'm all for helping the low income tho, but the whole concept of "middle" income is nebulous. too many policies hurting people like me both from the left (considered rich, so lets tax em) and right (rich enough to tax more as we cut taxes for the truly wealthy)

Yeah it’s definitely a weird position to be in trying to explain to people that 6 figures doesn’t go very far when your housing costs are 2-3x the “norm” and then you’re paying insane state/local taxes on top. Chicago been raising every possible tax nonstop the last 4/5 years and scheduled only to get worse - at same time deduction for state/local taxes eliminated smh

 

[GnauzBookOfRhymes]

Top Trump official calls bankers, will convene 'Plunge Protection Team' | Reuters

 

[GnauzBookOfRhymes]

Might drop 1000 pts tmrw

 

[Berniewood Hogan]

Might drop 1000 pts tmrw

A Christmas Miracle

 

[GnauzBookOfRhymes]

Bloomberg - Are you a robot?

 

[phcitywarrior]

Delta Cuts Revenue Forecast, Sparking Airline Selloff

 

[GnauzBookOfRhymes]

Home sales dive
The unusually large drop in home sales has real estate agents baffled

 

[88m3]

Home sales dive
The unusually large drop in home sales has real estate agents baffled

Republicans f'ing up salt and higher interest rates are going to cause that.

 

[GnauzBookOfRhymes]

Republicans f'ing up salt and higher interest rates are going to cause that.

they're wrecking the economy, for the wall

 

[88m3]

they're wrecking the economy, for the wall

the tax bill really did it and we're at or past the end of a cycle

constantly shutting the government doesn't help

stagnant wages are really killing us as well

 

[GnauzBookOfRhymes]

https://www.washingtonpost.com/busi...s-behind-their-car-payments-red-flag-economy/

7 million Americans are at least 3 months behind on car payments

 

[Hawaiian Punch]

 

[hayesc0]

This is really bad especially when you consider that you can order the food from a restaurant using your phone now instead of having to drive to one.