
That does not necessarily mean the people are going back to work. It could also be an indicator that they have exhausted their benefits and are no longer entitled to UIB. |
UIB are paid for a year at a minimum in all states, so your theory is wrong. |
clarification, most are 6 months with an automatic renewal for another 6 months. We are only 5 months into this shutdown. |
The stock market rebound is big gains for Apple, Amazon, Alphabet (Google), Facebook, Netflix, and Microsoft offsetting loses to most everything else.
https://www.washingtonpost.com/business/2020/08/19/tech-stocks-markets/ Five hundred companies make up Wall Street’s most widely used measure of the stock market’s performance: the Standard & Poor’s 500 index. If it were not for just six of them, the benchmark would be down this year. |
Tell you what = I will take the risk that the stock market might go down for the hope that we get a president who actually gives a fck about doing the job |
This is the problem with Democrats. They don't care if the economy tanks, as long as they get power. Unfortunately for them, the rest of America does care about the economy, hence the title of this thread. |
You understand that the stock market does not actually represent the economy, right? You understand that many of us would accept the market going down for a bit more equality across the board. Nah, you don’t understand. You just really want to believe you have been right in supporting Donald Trump, even though you know in your heart he’s a terrible person, you’ve been able to convince yourself it’s all worth it for the stock market! Well it’s not. He screwed the already shaky economy by not taking covid seriously, and here we are. |
The economy is in the toilet right now. The stock market is one metric - but it doesn't speak to how regular people are faring. They're faring badly. But your favorite orange grifter is too busy rage-tweeting and golfing to bother negotiating a deal to help them. I think the stock market will continue to do just fine under a Biden presidency. I think other things will be better. Trump is poison. |
He's rushing it. As cases and deaths soar the economy will dip and won't make up for the atrocious COVID numbers. Plus Trump didn't do anything about evictions other than making a recommendation, and UI extra federal benefits have expired. So the economic and COVID shit will be hitting the fan right as people vote. As if society hasn't already grown exhausted by this incompetent boob who exacerbates every single problem at all times. Just that alone is enough for people to vote against him. |
So sell your 401(k) and give your money to those who need it more. You don't speak for most Americans. We earned that money and invested wisely. Again, the fact that you would trade the stock market for a vague notion of "equality" demonstrates you have no idea about economics. A strong stock market means that companies are doing well, which in turn hire people to work, who in turn pay taxes. It's not hard. |
+1000 |
You are projecting. The economy has already tanked-- under Trump. You can blame Democrats all you want...but no one is buying it. ![]() |
And it's already coming back, despite the virus being still here. Trump gave the governors responsibility for implementing safeguards in their states. If Democrats were doing things right, why do California, New York and New Jersey have some of the worst numbers? |
Most Americans don’t have any investments in Wall Street, 401K or otherwise. They’re the majority, and they are suffering. The economy has been terrible for them. Trump has been great for Billionaires. |
All you Trumpers do is blame others. Vote however you want, mister. But your arguments are nonsensical to others. |