[Lund Explorer]

That’s because there’s money flowing into peoples accounts instead of flowing out via higher fuel and other costs and a 4.3 trillion tax increase that is about to be foisted on us.

Enjoy....

Where do you think they found that pile of excess dollars to flow into those accounts?

The people that made fun of the clowns in their colonial costumes are proud of you.

 

[motdean]

It'll just about pay for our first trip in retirement

Is that soon?

 

[bucko12pt]

Where do you think they found that pile of excess dollars to flow into those accounts?

The people that made fun of the clowns in their colonial costumes are proud of you.

Why would you ask such a silly question, are you saying you don’t know the answer...wait....of course you don’t know the answer.

 

[FREEPOP]

Is that soon?

The better the market does, the sooner it'll be. Less than two years is a possibility. Five if we have to.
Seriously considering a reduced work schedule at the moment.

 

[Lund Explorer]

Why would you ask such a silly question, are you saying you don’t know the answer...wait....of course you don’t know the answer.

If it was such a silly question, I would have thought that you would have known the answer. I guess it was too much to hope for. Not surprising, but sad none the less.

 

[eyepod]

The word Impeachment and its meaning has lost its validity.

 

[FREEPOP]

Agreed. No recourse, responsibility, you get pardoned ....... an insignificant label.

 

[bucko12pt]

If it was such a silly question, I would have thought that you would have known the answer. I guess it was too much to hope for. Not surprising, but sad none the less.

Yeah, you certainly got me that time, you’re such an intellectual.

 

[Luv2hunteup]

The market really did not respond much to the second impeachment just like the first impeachment didn’t impact the market. I fully expect we will see the market respond well as soon as the next stimulus package is announced. Investors will benefit at the expense of taxpayers just like the last $4.4T package did. It’s a redistribution of wealth of sorts.

 

[DirtySteve]

The market really did not respond much to the second impeachment just like the first impeachment didn’t impact the market. I fully expect we will see the market respond well as soon as the next stimulus package is announced. Investors will benefit at the expense of taxpayers just like the last $4.4T package did. It’s a redistribution of wealth of sorts.

Its an interesting thought about redistribution of wealth. Not sure if I agree or not. The govt doesnt spend money on the market directly its just an added benefit for those that invest in it.

It really boils down to how they tax people going forward to pay for the stimulus. If they tax the wealthy than it is certainly a redistribution of wealth.

 

[bucko12pt]

The market really did not respond much to the second impeachment just like the first impeachment didn’t impact the market. I fully expect we will see the market respond well as soon as the next stimulus package is announced. Investors will benefit at the expense of taxpayers just like the last $4.4T package did. It’s a redistribution of wealth of sorts.

How can it be a redistribution of wealth when no one is taxed and it’s printed out of thin air. No one is ever going to pay it back either....but there will be a big payback some day.

 

[Luv2hunteup]

Its an interesting thought about redistribution of wealth. Not sure if I agree or not. The govt doesnt spend money on the market directly its just an added benefit for those that invest in it.

It really boils down to how they tax people going forward to pay for the stimulus. If they tax the wealthy than it is certainly a redistribution of wealth.

Those that invest have seen their net worth return from May lows. Indexes across the board are higher than they were pre pandemic. That doesn’t mean it was across the board due to how each stock is weighted on the exchanges. Tax payers are stuck with the bill whether they invest or not. Those who have higher adjusted gross incomes will pay more as always. The jury is still out if we will see restructuring of tax laws but no matter what middle income earners will pay for a bulk of all this newly incurred US debt.

 

[sureshot006]

Its an interesting thought about redistribution of wealth. Not sure if I agree or not. The govt doesnt spend money on the market directly its just an added benefit for those that invest in it.

It really boils down to how they tax people going forward to pay for the stimulus. If they tax the wealthy than it is certainly a redistribution of wealth.

Do you honestly think it would go any other way?

The people that received the least stimulus dollars will pay for the majority of it.

 

[DirtySteve]

Do you honestly think it would go any other way?

The people that received the least stimulus dollars will pay for the majority of it.

I was just trying to be non political in my statement! I know who will be paying for it.

 

[sureshot006]

I was just trying to be non political in my statement! I know who will be paying for it.

I think you and I can raise our hands on this one.

 

[birdhntr]

Its an interesting thought about redistribution of wealth. Not sure if I agree or not. The govt doesnt spend money on the market directly its just an added benefit for those that invest in it.

It really boils down to how they tax people going forward to pay for the stimulus. If they tax the wealthy than it is certainly a redistribution of wealth.

It seems that everytime they tax the rich or wealthy businesses that they adjust accordingly.
Example: Tax them an additional 10% and they release 10% of the workforce and the 90% left take on the 10% increase in work load.
From what I've noticed in life is that in a booming economy they have to hire and pay well even with lower productivity or they simply can't do the work.
JMHO.