Well…amid the chaos created by the idiot in chief and spread across the world, the damage being done here is just stunning and the rest of us Americans have trump voters to thank for it. Just this week, the stock market has lost over 7%…yep, that’s right…and everyone’s IRA or 401 K took the hit…just like the example I used before…just a few weeks ago where the market dropped 6% and your 100K turned into 94K….now, with this latest bloodbath…that 94K has turned into 87K and that money you worked for and invested is going away just like some invisible tax that none of us has any control over. I wonder what trump will say about this? He sure took credit for the market on the way up, now will he take the blame for this crash? Ha, ha,ha,….yeah, that made me laugh, too…how can he take responsibility for something he is so ignorant of? Brace yourself for more of the same in the next few months since mainstream economists are warning that a recession is on the way…oh, and that huge sugar high tax cut for the rich that the repubs pushed through? It didn’t do anything to create jobs as the repubs lied, it didn’t raise wages as the repubs lied, and it DID reward companies for offshoring jobs…too much winning yet, trump voters? Impeach…
Tag Archives: 401K
How’s the IRA looking today, trump voters?
Well…this is just going to be a short one on the crash in the stock market over the past two days…or should I say bloodbath in the stock market? In just the past two days, the Dow is off almost 1,000 points with all of the other major indexes following suit…almost 6% loss in two days and my question is: how’s the IRA or 401K looking today, trump voters? Had enough winning yet?” It appears that the people who know are bailing out of the trump economy since they know that the huge tax cuts for the rich are not sustainable and killing 40,000 Americans a year by deregulation isn’t either…if you ask any credible economist…no, not Arthur Laffer, no one in the WH knows anything about how the economy works or even asked what their bull in a china shop tariffs would do…because they just don’t care…trump just wanted to look tough on trade and didn’t and doesn’t care who it hurts. The really scary thing is that if this is the full blown crisis that has been predicted, who the hell is going to fix it? Nothing but clowns in the WH so this one is going to hurt the people who voted for trump..and I am laughing about it..other than the collateral damage it is going to do to the sane people, it couldn’t happen to a dumber group…impeach…
trump trashes your 401K
Well…just sitting here waiting for cocktail time and thought I’d do a shorty on idiot boy’s trade war that he started yesterday….after the 730 point drop yesterday and the 450 point drop today, it puts the stock market in negative territory for the year and that makes it the worst two weeks in the past ten years…and the question I have for all of the morons who voted for this idiot is: “how’s that working for your 401K? Had enough winning yet?” The carnage appears like it is going to continue Monday, too, with futures down another 2% which will mean another 7-800 point drop and means a close to 10% drop in the money you were counting on to retire in just the past week….such a great businessman, so much winning…I hope all of you morons go broke….will serve your ignorant asses right….impeach….