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Only the rich benefit from an upward trend in the stock market...

Posted on 12/27/17 at 6:31 pm
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 12/27/17 at 6:31 pm
True or False?

Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 12/27/17 at 6:32 pm to
False
Posted by Abadeebadaba
LSU fan @ FSU
Member since Sep 2010
4983 posts
Posted on 12/27/17 at 6:32 pm to
False.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69251 posts
Posted on 12/27/17 at 6:33 pm to
False

Unless 45%+ of Americans are "the rich"
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 12/27/17 at 6:33 pm to
I'm not "rich". I benefit.

close thread
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66405 posts
Posted on 12/27/17 at 6:33 pm to
False. More money for me to give to beggars.
Posted by Jorts R Us
Member since Aug 2013
14786 posts
Posted on 12/27/17 at 6:33 pm to
401(k)’s benefit, no?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167108 posts
Posted on 12/27/17 at 6:33 pm to
Only the rich have retirement accounts?
Posted by Shenanigans
Spring Hill, TN
Member since Nov 2012
2394 posts
Posted on 12/27/17 at 6:34 pm to
False as frick.

I’m not rich by any stretch of the imagination, and my 401k is certainly benefitting from this current upward trend.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67007 posts
Posted on 12/27/17 at 6:34 pm to
47% of Americans have a 401k or are a pension beneficiary. All of them benefit from a booming stock market.
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 12/27/17 at 6:34 pm to
quote:

401(k)’s benefit, no?


Of course they do. I just want to get certain people on record saying the gains in the stock market only benefit "the rich" if they have the balls to admit it.
This post was edited on 12/27/17 at 6:35 pm
Posted by FooManChoo
Member since Dec 2012
41647 posts
Posted on 12/27/17 at 6:35 pm to
Do you even economics?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89481 posts
Posted on 12/27/17 at 6:35 pm to
False. Want to know why?
Posted by thebigmuffaletta
Member since Aug 2017
12832 posts
Posted on 12/27/17 at 6:35 pm to
False

This is the new liberal talking point to downplay Trump's economic success.
Posted by PsychTiger
Member since Jul 2004
98743 posts
Posted on 12/27/17 at 6:35 pm to
True.

















j/k, it’s false, but I wanted to break the pattern of correct responses.
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 12/27/17 at 6:36 pm to
muh evil corporations
Posted by CajunSoldier225
Member since Aug 2011
8990 posts
Posted on 12/27/17 at 6:38 pm to
I ain’t rich but it’s made me some money since last November
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 12/27/17 at 6:40 pm to
False, and quite awful logic once you think about it. Since when did investing in American business become inherently evil?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/27/17 at 6:42 pm to
Mostly false.
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53810 posts
Posted on 12/27/17 at 6:42 pm to
False!
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