re: For all you stock market doomsayers - a picture is worth a thousand words

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I felt like JDV's lesson in Hillbilly Elegy was that we shouldn't feel sorry for the rusted out hollers because these people will not help themselves so we shouldn't waste too much time trying. Maybe y'all read it differently. JD and I have a good bit in common in terms of upbringing. You can come from the post-industrial ruin and make something of yourself without the textile or automotive part manufacturing plant that left town.

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They won't help themselves because they don't need to as the government cheese always arrives every month.

And yes, people can excel no matter their upbringing, but using an obviously high IQ individual as an example to point to and say "See, anyone can do it!" is disingenuous. The average 100IQ dude isn't leaving Appalachia and ending up at Harvard and the Vice Presidency. He's looking for a way to support himself. Or just live.

And many end up making poor choices.

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...since US labor is making these goods they will be non-factors for exports since China and South Asia will undercut us on the world market.

...repeatedly.

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Small to medium sized businesses are about to get royally fricked.

People are always shook when the market takes a hard drop or correction. It took me 4 months to make what I lost in 3 days. A whole .022 of my market exposure. Same as in the past under different administrations yet miraculously I'm ahead. It's like fans claiming the game is over in the first inning. Problem is people live in the moment

I assure you. Every time the stock market dropped more than 100 points during Biden’s term there was a 3 page thread about how he was destroying the economy on this very board.