Comments by "whyamimrpink78" (@whyamimrpink78) on "Top 1% Has Taken $50 TRILLION From Bottom 90%" video.

Most on the right want to reopen the economy as they know that elites are the ones benefiting. Notice how the elites are the ones keeping pushing the shutdowns? Easy when they have a paycheck. At what point will you guys realize the left is not your friend and will go this far to try to win.
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@EE-gv9wt wealth is not income. You have to be careful there. To start, many who are wealthy, like Bezos, have their wealth tied into the shares of their company. That is non-liquidated wealth, meaning they have limited access to it and can't just turn it into case. In fact, we covered this recently in one of my MBA courses, around 70% of stocks are non-liquidated and is owned by executives. So why they may have a lot of wealth, they have limited access to it. Next, many people, like me, have negative wealth either in home loans or student loans. That is arguably not bad. It shows that we are willing to give out loans to people to make big purchases knowing the chances of them paying it off is high. I was given a lot of student loans in my 20s, a guy with no real job and low income. That says something about our nation when that can happen. I have negative wealth. However, I still have my own apartment, a car, 3 meals a day, etc. A homeless guy on the street has more wealth than me assuming they have no debt. So by your standard that homeless guy is better off than me.
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@lyni50 Trump had no reason to be president, but he decided to run. Look at democrat ran states, they have some of the highest death counts with covid and have the riots. Fact is the left are full of "leaders" who can't lead and simply want power and a paycheck. Trump became a threat to them as he exposed them. They hate it thus they are doing as much as they can to try to beat him. That includes making the average person's life miserable.
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@Van420Dal I am getting my PhD in physical chemistry. So I am guarantee a job. Don't pursue worthless degrees like art. Debt does drive our economy more than you think. Look up the inverted pyramid. Debt actually grows our economy in many ways.
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@lyni50 they are. They are big government, power hungry elitist. Trump has exposed them fully and they are trying the best they can to regain power. Heck, I feel they killed RBG as more people are now blowing off this virus so the democrats need something else to try to beat Trump. At what point do you guys stop voting democrat? Or at least vote for someone else.
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@sharond2814 I can agree with that.
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@Van420Dal what social class? I was not even in my 20s when I received those loans. Almost everyone who goes to college can get it. If you are poor there are more benefits offered to you. I had a student who was poor and she was going to college for free due to all of the benefits offered to her. My ex-girlfriend's sister went to Stanford for basically free due to her coming from a poor family of a single mom. In fact, as a white male in science I am hindered. Universities, these days, are so big in diversity as opposed to hiring the best candidate, I am hindered when I apply for jobs. Debt is not bad as, again, it can allow you to buy things you usually can't. I have a car loan. That allowed me to buy a car. I have a credit card. I use it because I get points. I pay it off immediately, but with the points I get cash back. Be smart with your money. Debt is not inherently bad.
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Because most who oppose this are law abiding citizens that will let their voices be heard come election time.
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@JanglesPrime999 people die all the time.
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@JanglesPrime999 doubtful. Basically this virus is not that deadly.
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@JanglesPrime999 bringing up comorbidities matter as those people would most likely be dead during this time frame to begin with. According to the University of Minnesota 40% of deaths were in nursing homes. According to UCSF 50% of new nursing home patients die within 5 months. This virus has been with us for over 6 months. So basically almost all of those 40% would be dead anyway. So immediately you can drop the death count from 200,000 to around 120,000. So yes, deaths are overstated. Next, our nation has a long history of placing ourselves in danger to live life and grow. Think about it. We colonized this nation by having a bunch of people load up in a big boat and take on weather and diseases to go across a large ocean. We became a nation by taking on, at the time, the strongest army in the world. We expanded by loading up our wagons and going across the nation with people placing themselves and their family in risk of disease that had no cure where over 20,000 died in the Oregon trail alone. That is the history of our nation. That is why so many are blowing off this virus and living life. It is rooted in our culture and history.
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@shady1137 how is Trump corrupt?
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@Drkipernick the minimum wage will kill many small businesses.
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@Drkipernick they won't pay their employees more as they simply can't afford it. Larger companies have the ability to do more with less. The min. wage enforces how much is paid per hour, not per week. So say you have a McDonalds franchise owner who owns 15 McDonalds in a city where 8 of them are 24 hours. He can go to where only 4 are 24 hours and close down 3 all together cutting hours. So no, it isn't that simple.
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@Drkipernick it won't. Again, businesses cannot afford it. Again, the min.. wage enforces how much is paid per hour, not per week. If you raise the min. wage and hours are cut you have not accomplish anything.
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@JanglesPrime999 we are starting with 120,000 deaths. Now consider how the average age of death is greater than the average life expectancy. And consider how the state of Colorado said their death rate is overstated by around 20%. Now the death count is even lower. Someone dies of a heart attack with the virus was at risk of dying soon to begin with. Thus, what should be done is people like that we have to look at the stats and consider this. The person dying of a heart attack how much longer would they have lived? If a few months then we need to take them off of the death count. Why? Because over these months they would be dead anyway. That is the point. This is not black or white but gray. And when you break it down deaths are overstated by a lot.
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@JanglesPrime999 also, Sweden never did a shutdown and their cases are low. Nations like France, the UK, Spain and Italy did and they saw a second spike. Why? Because they never reach herd immunity. We need to open up and get herd immunity. Protect the elderly but let others get it. According to a Brown University epidemiologist on September 8th there were over 26,000 cases of college students being infected this semester, zero hospitalizations. Those individuals are now immune reducing the spread. That is what we want.
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Kyle's plans are asinine. Just giving money away will lead to inflation. Money is meaningless if there is no production. We need to reopen the economy. However, the elites want to keep a shutdown. Easy for them as not only do they have a job, they are making bank. At what point do you guys stop voting democrat?
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Yep, all worth it for a virus that the vast majority has an over 99% chance of dying from. What is sad is that our nation has a long history of taking on challenges, including diseases, to advance and live life. Think about how our nation grew. People loaded up on a big boat and traveled across a ocean to come here. People, in the mid 1800s, loaded up their wagons, placing themselves and their family in danger of diseases like malaria, small pox, cholera, etc. where man died. Over 20,000 died on the Oregon trail. But people still did it. But with covid people freaked out. Sad knowing the history of our nation.
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