With The Donald up in the polls, trouncing over the troll, is the recent surge in stocks a reflection of a Trump win and a return to the greatness inherent in all Americans?
Discuss.
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Joined Nov 10, 2007
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America is not going to return to greatness whether Trump wins or not. He spews bullshit every time he opens his mouth. The end of Western finance is around the corner. Seen what’s been happening with Bitcoin lately?
I’m still trying to figure out which “greatness” we’re supposed to return to. When blacks could be openly lynched? When women couldn’t vote? When we had slavery? When workers got to shop at the company store after working fourteen hours for the oligarch? When illegal European immigrants distributed disease-riddled blankets and whiskey in the homeland they invaded?
I don’t think things are so terrible now, and I’m pretty cynical overall. So I guess it’s a matter of perspective. The only retro upgrade I can see from here is Pangea.
Reductio ad absurdum. You sound like one of those pupets on CNN. They have you trained well.
I wonder who the Native Americans took it from. Maybe we should look them up and give it back to them.
Scott, many of Trump’s supporters– and Bernie’s too– are concerned about jobs outsourced overseas. If you still have your job, maybe it’s not an issue for you, but it is for many who are either unemployed or underemployed and can’t make ends meet. Now whether Trump, if elected, could or would do something about that, is a different question.
I think many voters wish to return to some point in time at which there were not so many jobs been sent overseas, when they had hope of being able to make ends meet. Also, many are afraid of competing on the job market with new immigrants. So that’s why they want a wall.
Before Trump and Bernie, politicians didn’t bother to focus on these issues, so this focus is long overdue. Now that some are finally focusing on them, that doesn’t mean that we’ve found the best solutions already though.
I’m a progressive myself. But I think it was a mistake to not focus on economic issues. Karl Marx was wrong about many things. But one thing he was right about is that almost every political issue in a society is about economics. Although racism is an issue that exists in many people, its primary significance to people is about economic competition– who gets the job and other economic benefits, and who doesn’t.
What is The Fly’s view on Trump’s idea to increase tariffs?
As long as Trump keeps trotting out the Half-Gov, Scarah Palin, to events, he does not stand a chance. OMFG, what a train wreck. “Go forth with brains, America!” LMAO
https://youtu.be/VVGmxTLnzMc
He does have a chance… Only if Hillary is indicted.
Naturally.
However all those Trump-haters asked the same question while the market was sliding downward.
They have now shifted their barbs to a different tack.
[Insert previous Fly posts about the idiocy of trying to explain short-term market swings.]
As Fly noted waaay back when, aka yesterday: Buying into an Exodus overbought signal has yielded a 93% win-rate over the past 3 years.
27 out of 29. The pattern endures. The previous 27 explanations are forgotten.
I think America is great now. Not perfect. But great. Fuck Trump and his small hands.
There are increasing numbers of people to whom America is not great now. At least their lives are not great. Regardless of whether you like Trump or Bernie, or believe either of them has any answers to these problems, we ignore these groups of people at our own peril.
Death Rates Rising for Middle-Aged White Americans, Study Finds
http://www.nytimes.com/2015/11/03/health/death-rates-rising-for-middle-aged-white-americans-study-finds.html
U.S. Suicide Rate Surges to a 30-Year High
http://www.nytimes.com/2016/04/22/health/us-suicide-rate-surges-to-a-30-year-high.html
The most absurd and dangerous candidate since Barry Goldwater. He may be the candidate that America deserves, but he’s not the candidate America needs. I think the recent surge in stocks is because sometimes stocks go up.
The Republican candidate is hoping to lead a populist revolution. He knows he is spewing bullshit and I suspect his supporters know it too but they just like it said.
What he is espousing would collapse the stock/housing/credit markets and put at risk the trillions of dollars that US corporations have invested around the world. By picking a fight with the country’s trading partners he would simply expose how weak the USA has become.
Well, if Trump does not have the solution, then we had better be putting our heads together to figure out what the real solution is for these problems. Before Trump and Sanders came on the scene, the silence about these issues was deafening.
frog is right. It is about jobs. Was the tipping point reached? Americans have been sold out and they know it all of a sudden. Between outsourcing to other countries for slave labor and legal/illegal immigrants flooding in taking the few jobs left. How the hell are your kids and grandkids going to live a good life. Most people do not want EBT and ghetto housing. They simply want to provide for their families. Men want to work. Anyone that thinks America is great is either a purposely blind jackass or a retard. Not complicated.
We can import the labor, or we can import the food.
Grew up on a family farm in SoCal. That argument is a red herring. We used to have a thriving middle class. There must be a reason millions of people are pissed off. Right and left or in other words everyone basically.
We used to have a thriving middle class.
Which middle class jobs are immigrants taking by the millions?
The loss of a thriving middle class in the US has many contributing factors, but the greatest overall is globalization in general. Countries with excess labor and a low cost of living have always existed, but the lack of infrastructure and expertise locally, combined with limited intercontinental communications capabilities, made it difficult to import products from the other side of the planet instead of making them at home.
It didn’t have to hurt the middle class as much as it has, though the blow to those with just HS diplomas or less was probably unavoidable. The economy continued to grow as globalization increased. However, the benefits to the economy were concentrated in relatively few hands, while the regions and towns and people devastated by the loss of jobs were mostly left on their own to figure out how to recover. The primary adjustment was population migration within the US. That is a reaction, not a solution — especially for the regions losing population.
At any rate, the impact of unauthorized immigration on the decline of the middle class is next to nothing, IMO. The troubles of the middle class started when unauthorized immigration was pretty low, continued as such immigration grew, and continues as unauthorized immigration has stopped growing. Median real wages for US males stopped growing in the 1970s. The number of unauthorized immigrants living the in the US dropped and leveled off when the financial crisis hit. And, today, most jobs that pay middle-class wages use E-Verify to check eligibility to work in the US.
Wait what? I understand America is far from perfect, so many issues, but it isn’t great compared to what? China? Italy? Iran? Greece? Brazil? Canada? (oops, sorry) Mexico? Just to clarify, if we are not great, which I will accept, then no one of any significance is great, and any one who thinks otherwise is mentally challenged. Happy Memorial Day brother.
I’ve traveled the world and there is no better country than the US. Those that think otherwise have led a sheltered life. And Stries, that includes Canada.
As far as no jobs/no middle class/etc, that’s BS. Those who are actually seeking jobs can find them. We are about as close to full employment as you can get. If someone’s moaning about not being able to find jobs, it’s because they consider a lot of the available jobs as being ‘beneath’ them.
I remember picking fruit during summer when I was a kid. It was almost all college students; very few immigrant workers. I bet you can’t find more than a handful of US citizens picking our fruits and vegetables today. We’ve coddled our children to the point where they’re slothful and taught them that it’s better to collect public assistance than do unskilled labor for a living.
The middle class is still there and they’re doing better than ever. Multiple cars in the driveway, multiple TVs in the house, larger houses than ever. Everything’s better for the middle class than when I was growing up 40-50 years ago. Go to other countries (I’m including Canada) and see how their middle class live. It’s not as nice as we do here in the US.
I’m going to return to celebrating my Memorial Day with my free meal at McCormick and Schmick’s – thanks to my 30+ years of military service. All of you bellyachers need a tour in the military to toughen up. Make America great again – compulsory military service for all.