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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To the above poster:

You realize the vast majority of people didn't die of Covid or even get very sick, didn't lose their jobs and saw their investments and home values go through the roof. So it actually ended up fine. [/quote]

sure, except for the 1.5 million excess deaths and commercial real estate failure. and of course the recession was primarily averted by direct stimulus-- again the velocity of money.[/quote]

Okay, the fact remains that many many people actually ended up financially ahead after Covid. The doomsday scenarios did not come to pass. [/quote]

Man you are daft!  Only the really rich ended up ahead, why do you think we got the inflation and Trump back in the office?  Why do you think young people are not able to have the same life as their parent and average first time home buyer is almost 40? It is all because covid accelerated already wide wealth gap.  Yes the rich did ok with the covid, bit peasants moved a giant step closer to being feudal vassals to our tech overlords.
When economy grows 2-3% and the richest of the rich see their wealth double where do you think that difference comes from?  It comes form you and me and other citizens because we fail to tax them properly.  Data below has only gotten worse sin the last 4 years.

According to Institute for Policy Studies analysis of Forbes data, the combined wealth of all U.S. billionaires increased by $2.071 trillion (70.3 percent) between March 18, 2020 and October 15, 2021, from approximately $2.947 trillion to $5.019 trillion. Of the more than 700 U.S. billionaires, the richest five (Jeff Bezos, Bill Gates, Mark Zuckerberg, Larry Page, and Elon Musk) saw an 123 percent increase in their combined wealth during this period, from $349 billion to $779 billion. We will be regularly updating
 [/quote]

It was just the rich. The middle class who kept working is doing just fine. Used all that free money to buy homes, do remodels, take revenge travel, buy cars, etc. The price of cars and travel and renovations didn’t just skyrocket due to billionaires. Tons and tons of people are paying those prices and haven’t slowed down a bit. Just take a look at WDW - highest prices ever, with highest crowds. Look at airfare to…anywhere. Car prices. Car companies see no need to lower the prices to make sales - they are going just fine.

This is not just the rich. [/quote]

You are talking about UMC, basically maybe top 10% not the actual middle class.  And UMC will also get hammered now under the new regime because too much of their "wealth" is tied up and leveraged in the real estate so they will not be able to easily weather economic chaos that will come from the senile maga policies and the increased wealth transfer to the top 1%.[/quote]

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