Jump to content


Photo
- - - - -

Any moment now all of this wealth will trickle down


  • Please log in to reply
55 replies to this topic

#1 Gazi

Gazi

    SENIOR HUDDLER

  • ALL-PRO
  • 7,831 posts

Posted 14 March 2013 - 04:06 PM

Rising stocks yield 300,000 new US millionaires

http://www.cnbc.com/id/100550563


Millionaires Say They’re Better Off Than in 2007

http://www.cnbc.com/id/100464754

#2 pstall

pstall

    Gazebo Effect

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 21,088 posts
  • LocationMontford

Posted 14 March 2013 - 04:54 PM

when do the new tax increases and health care increases kick in?

#3 Happy Panther

Happy Panther

    Now even funnier.

  • ALL-PRO
  • 17,646 posts

Posted 14 March 2013 - 05:06 PM

We don't need all of this wealth to trickle down. We just need a certain amount.

#4 Davidson Deac II

Davidson Deac II

    Senior Member

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 17,104 posts

Posted 14 March 2013 - 05:23 PM

My 401k has nearly doubled since 2009. Not including my contributions to it. So some of it has trickled down.

#5 Cat

Cat

    Terminally bored

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,796 posts

Posted 14 March 2013 - 07:38 PM

My 401k has nearly doubled since 2009. Not including my contributions to it. So some of it has trickled down.


Only 50 percent of Americans own stock.

#6 pstall

pstall

    Gazebo Effect

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 21,088 posts
  • LocationMontford

Posted 14 March 2013 - 08:02 PM

plus, how are folks doing pre 09? time in, versus, timING, is eveything.

#7 Davidson Deac II

Davidson Deac II

    Senior Member

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 17,104 posts

Posted 14 March 2013 - 10:01 PM

Only 50 percent of Americans own stock.

So 50% of Americans are directly benefiting from the rise in stock prices? That is a decent number actually.

#8 g5jamz

g5jamz

    Is back

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 18,537 posts

Posted 15 March 2013 - 09:11 AM

Despite attempts by liberals, you cannot legislate prosperity.

#9 Cat

Cat

    Terminally bored

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,796 posts

Posted 15 March 2013 - 12:53 PM

So 50% of Americans are directly benefiting from the rise in stock prices? That is a decent number actually.



I wasn't aware trickle down meant to only 1/2 the population.

#10 dos poptarts

dos poptarts

    Member

  • HUDDLER
  • PipPipPipPip
  • 901 posts

Posted 15 March 2013 - 02:26 PM

Heh. Only recovering or moderately beating your market value after half a decade is doing better? You've lost time you can't recover. Guess that's why so many 55 and over are still working and NOT retiring. Funny but before the recession hit, companies in my industry was exchanging average and median age of employees because they absolutely wanted to ensure experienced mgmt/engineers to replace the baby boomers.

Only baby boomers I see taking retirement are those who can take early retirement packages and then immediately have another job lined up. No one I know personally that retired has stopped working.

#11 MadHatter

MadHatter

    The Only Voice of Reason

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 19,000 posts
  • LocationDark Side of the Moon

Posted 15 March 2013 - 02:38 PM

Only 50 percent of Americans own stock.


That would probably be the same 50% that actually pay taxes.

Why do the others need a 401k? They are already supported by the gov't.

#12 Cat

Cat

    Terminally bored

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,796 posts

Posted 15 March 2013 - 03:45 PM

That would probably be the same 50% that actually pay taxes.

Why do the others need a 401k? They are already supported by the gov't.


So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats too?


anyways, you guys are off point. How is stock accounts going up proving trickle down works?

#13 stirs

stirs

    I Reckon So

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 10,982 posts

Posted 15 March 2013 - 03:47 PM

I think the poverty is trickling up at a much faster rate. Thanks Obama!!

#14 MadHatter

MadHatter

    The Only Voice of Reason

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 19,000 posts
  • LocationDark Side of the Moon

Posted 15 March 2013 - 08:05 PM

So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats too?


anyways, you guys are off point. How is stock accounts going up proving trickle down works?


Corporate profits crest wealth for stock holders....401k's are made up of stocks....corporate profits up then 401k's are up. That creates wealth for avg joe

#15 MadHatter

MadHatter

    The Only Voice of Reason

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 19,000 posts
  • LocationDark Side of the Moon

Posted 15 March 2013 - 08:26 PM

So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats?


Actually the number is only 48.5% of Americans live in a household that receives government support. But only 35% are needs based.

So instead of 1/2 it is only 1/3.

But 1/3 of people being supported by the gov't is still ridiculously high.


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

Shop at Amazon Contact Us: info@carolinahuddle.com