How true is this article?
Once you have assets of a billion or more you are making money with money. People have little to do with it unless they are your employees, then it is up to the employees to make the rich owner richer. That is the way the system works. So what do you do about it?
I'm saying a swear word... Billionaires like to tell everyone how well they're doing.
You are right on this.
I think we tend to give way to much credit or criticism to the president for current economic conditions. Granted economic policy definitely shapes the economy but it's such a large system that it can takes years for the full effects of policy to be known. Here in Utah the economy is booming and unemployment is basically nil. This mainly due to construction and new company's moving here. Most of the construction is large projects which were conceived, planned and started well before Trump was elected. And the same thing with the new business moving here, this was all well in the works before Trump.
Children are thrown into camps after being ripped from their parents. Sick people, old people, disabled are being worried to death. Women are denied healthcare and the right to control their own lives. And this dickwad is worried about his portfolio?!?!
Yes, this is the way it is supposed to work, that is if your a greedy billionaire. Profit over people, that is the people who are not billionnaires.
The article is mostly true. This is not Trump's economy. It is Obama's economy. It is Trump's stock market . If you do not own stocks, you are treading water. You are working low wage jobs, with few benefits & usually more than one in order to maintain a close proximity to pre 2008 living standards.