I get what you’re trying to say, but you could say this about almost every president. I bet you didn’t vote for Obama in 2012, but did your life get worse? Doubt you can argue it significantly affected any aspect of your life, but I bet it felt like it did. It’s the same, now.
In my mind, our national debt has ballooned, healthcare options for my brothers and sisters that aren’t in the military have gotten more expensive and less available, and I don’t realistically believe that the economy has really gotten better.
I enjoy that my 401k has done well, but I don’t enjoy the fact that, when I tried to help my 26 year old nephew (who unfortunately isn’t that smart) find a plan to move out of his parents house, there was no reasonable option other than to take on gig economy jobs and have 2 roommates. You make minimum wage in the majority of the US, your take home pay is on the realm of 1200 dollars a month. Show me how you budget that out in any average CoL area (healthcare+rent+car+food alone exceeds that). He looked into trades, which is probably what he’s going to go with, but that brings his pay to ~$15 an hour, or 1800 dollars a month, but no one would accept him without a personal connection to his family. It’s not as easy as people make it out to be. Finally, told him to join the military, but he’s not medically qualified.
The fundamental disagreement I have with you, I think, is that I believe tax rates are probably too low. Mainly at the highest echelons of society, but even at our level. The bottom 50% of society has a horribly hard time due to exponentially increasing rent and education prices, all while wages stagnate. No real income improvement for lower middle class in decades. On top of this, we aren’t anywhere close to balancing budgets, as we are approaching $27T of debt. That comes out to over $200k a taxpayer, and it’s only going up. How are we going to deal with that? *crickets* I believe that this is an example of something that has become markedly worse over the last 4 years. Please look at the marginal tax rates (don’t worry about the article if you don’t want, just the graphs) over the last 70 years, and realize that what you think about “trickle down” or tax rates did not apply during the greatest periods of real economic expansion in the US. Bottom line, taxes MUST go up:
https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html
I encourage you to read about “quantitative easing” and its effect on stock prices. Bottom line, the stock market is inflated, grossly. An additional $3-5T has been added to the money supply of the market (estimated at ~$30T) over the past 4 years by the federal reserve balance sheet. We should have tightened when we had a chance (2016-2019) but the first, and I think only, time that they tried to do that, the DOW dropped slightly. Now you and the rest of America are addicted to seeing the numbers go up, and even with the highest unemployment and lowest wage growth in recent history, we have ATHs in the stock market. And that’s why we’re gonna have $10T on the fed balance sheet. It’s akin to airlines doing stock buybacks then asking for handouts, when we should stop robbing Peter to pay Paul.
Global warming is real, and its effects are real. The scientific community has a very strong consensus on this. Current admin: at best, no plans; at worst, open and push for coal and actively make the situation worse. We have to invest in future technology. And that’s gonna cost money.
These posts are useless, because you’ll find one thing that you disagree with and then entirely disregard the rest, but a lot of people aren’t voting against trump just cause “Orange man bad.” And, I will say, Biden is a terrible choice. But he’s still better.