- Companies have been stiffing employees, a dynamic that’s getting worse decade after decade, which is tearing our country apart.
True?
- How did we get to this state of inequality? Mostly through financial engineering of our economy. Decades of tax cuts and deregulation of financial services has disproportionately benefited rich Americans. The share of Americans’ income coming from capital gains and dividend income has increased, while the relative share coming from labor income has decreased.
Adapt 
Learn to be an investor. First step, live below your means and save!
- “The heavy reliance on using the Fed and monetary policy has been at the core of that.” How? Low interest rates make stocks go up (helps the wealthy more) for instance, while low rates drive interest on savings accounts down (hurts lower income people more).
@pandeyathotmail favorite issue. Adapt!
So far Trump’s plan hasn’t worked out, at least not yet, but I’m not sure it ever will. That’s because much of that money didn’t go to China, Mexico or Canada, or to companies that benefit from, say, environmental regulation. The money went to C-suites of the Fortune 500 via massive executive pay packages. It went to Silicon Valley and the FANG companies—with their trillion-dollar market caps—which created technologies which obviated jobs. And it went to Wall Street, particularly private equity groups like Blackstone Group, Carlyle Group and KKR, and distressed hedge funds like Elliot Management, Apollo Global Management and Oaktree Capital, all of which bought and sold companies like so many monopoly pieces with little regard for employees.
That’s why we should invest in FANG and SAH/ WFH stocks. Adapt!