That is an all time bad twitter thread.

Jan 11, 2020
5:35:20pm

Probable Sacko All-American

Those people would be happier if the DOW had the same growth as median income and minimum wage.

And of course the apples and oranges comparison of equity vs income. Smh

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Probable Sacko

Previous username: Cougarmus Prime
Bio page: Probable Sacko
Joined: Oct 23, 2014
Last login: May 23, 2024
Total posts: 9,424 (156 FO)

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Messages

Author

Time

Does this make sense? Does this mean the rich are getting richer and the poor

pink22

1/11/20 5:18pm

And

TADOW

1/11/20 5:22pm

Yep, and that is how Bernie Sanders will end up in power.

BYUtka

1/11/20 5:25pm

That crazy old man will never get elected. Another socialist, maybe

Crazy Joe Davola

1/11/20 6:16pm

Trump is President. Anything is possible.

BYUtka

1/11/20 9:41pm

Lesson here

CBaass

1/11/20 5:29pm

hopefully all the blue collar workers with very little in the stock market, but did vote for trump last time take note

BlueFrog

1/11/20 5:30pm

Why do you assume the blue collar workers have little invested in the stock

kotacoug

1/11/20 5:34pm

the ones that have little

BlueFrog

1/11/20 5:38pm

Blue collar workers and minorities are sitting with an all time Low

kotacoug

1/11/20 5:42pm

lol

bluegato

1/11/20 5:43pm

exactly. you want a higher wage and higher median household salary. DJIA is meaningless for lots of people

BlueFrog

1/11/20 5:48pm

Smart people who save and invest are getting wealthier.

kotacoug

1/11/20 5:32pm

Please describe “invest” as you use it in this context.

StalwartBraveTrue

1/11/20 11:55pm

Welcome to life. The vast majority of people need to work to

kotacoug

1/12/20 11:32am

I’m not complaining at all. But this guy makes it sound like “investing”

StalwartBraveTrue

1/13/20 7:22am

I think what he said is true, it can make you wealthier

CBaass

1/13/20 8:17am

That is an all time bad twitter thread.

Probable Sacko

1/11/20 5:35pm

Wage gain should hopefully meet inflation. But it should not match with the stock market. Minimum wage

Baron

1/11/20 5:47pm

What do you think would happen to small business owners if minimum wage were

SolidBlue

1/11/20 6:30pm

Nothing.

Baron

1/11/20 6:31pm

Across all states?

SolidBlue

1/11/20 6:37pm

If it is pegged to inflation then the cost is the same as when they first started

Baron

1/11/20 6:39pm

You clearly don’t own a small business

SolidBlue

1/11/20 6:41pm

You clearly don't understand inflation.

Baron

1/11/20 6:49pm

I understand inflation just fine, thank you...

SolidBlue

1/11/20 7:36pm

Then you would know it isn't costing you anything more than before

Baron

1/11/20 9:26pm

Not true whatsoever

SolidBlue

1/12/20 2:54pm

The minimum wage being the same doesn’t mean poor people’s wages haven’t risen

JollyGreenGiant

1/11/20 5:58pm

Not rich, but definitely enjoying the increases in the market.

BYUCPA

1/11/20 5:58pm

We continue to hear this saying said, but if the poor were getting poorer,

Niiineteeen84

1/11/20 6:09pm

Yeah, it seems like the poor are better off even as the gap between rich & poor

Odysseus

1/11/20 6:35pm

The saying is more about the income gap widening

palangi

1/12/20 12:39am

Mimimum wage is a law. Not a paycheck. Try comparing apples to apples.

DirtyWater

1/11/20 6:48pm

Doesn’t fit the narrative.

kotacoug

1/11/20 6:59pm

No and No

HarlemCoug

1/11/20 7:07pm

I will illustrate how stupid this is with math:

frontrowcougar

1/11/20 9:06pm

I guarantee you my “index fund” and “max cap” 401k’s didn’t go up 44%.

StalwartBraveTrue

1/11/20 11:58pm

In the last 3 years you aren’t up 44% or somewhere in the 30s? The market has

BYUFootballisBack

1/12/20 11:32am

Nope. My “aggressive” investing approach has my 401k up about 20% but a lot of

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