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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous]Trump had dinner with CEOs of major investment banks last night, so he asked them for tips on pursuing affordability. Smart, right? Because who would know the struggles of middle- and lower-income earners better than IB CEOs? And they gave him a suggestion: Let people invest their 401ks directly in stocks. So that doesn't help those without 401Ks with solid balances, but it will help the investment banks.[/quote] The number of Americans living paycheck to paycheck has now risen to 71%. They do not have money for a 401(k). What's needed is: Higher wages Cheaper rents Cheaper groceries Cheaper childcare Cheaper healthcare Cheaper transportation Lower energy bills And so on. That means less profiteering by the kinds of billionaire people who laugh over dinner and drinks with Donald Trump.[/quote]
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