Comments by "whyamimrpink78" (@whyamimrpink78) on "Trump Supporter Can't Name A Single Policy Of His" video.
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@roswellsatterwhite3906 , define "economic inequality". It is hard to measure. Read the study entitled
"Measuring inequality"
In the Oxford Review of Economic Policy. Bernie harps on "wealth inequality" when that is flaws. One thing they write on that is
"There are a number of challenges, however, in using wealth to study inequality. First, it is illiquid, so it may not give a clear reflection of one’s immediate access to resources. Second, the easily measurable components of wealth—like financial wealth—are incomplete. Take, for example, a student. In many cases their student debt will outweigh their other financial assets, and so they will have negative financial wealth. However, we would not typically say that they are in a worse position than never having studied at all. The reason is because the student has taken on debt to accumulate human capital, which is valuable as a means to increase lifetime earnings but not typically counted as wealth. Policies designed to reduce wealth inequality could therefore have many undesirable consequences, not least redistributing away from people with zero assets towards those with negative assets."
This is a problem with Bernie and his fans.They scream "inequality" with no real analysis.
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@thepolishlatinofromphilly9709
1. Welfare is nowhere in the Constitution, thus it, like public education, state roads, murder laws, etc. are state issues. Some areas don't have to rely heavily on government welfare as they have strong charities. Others do. It all depends on the area. A one size fits all policy never works.
2. They do benefit all. The rich received more because they pay more to begin with. When you pay $0 in taxes you can't cut more. Also, one can easily argue tax cuts lead to growth and thus more revenue. What is higher, 50% of 100 or 10% of 1000?
3. Yes he is by limiting the powers the federal government has. That is why so many democrats hate him.
4. They are here illegally. We give them shelter, food and water. Really I feel we should just shoot them but that is just me. We house them and send them back. What do you want to give them? A stay at a 5 star hotel with a pool and a free massage?
5. So I cited two scientists on the issue and you just dismiss me? How can I take you serious at this point?
6. We can't drop more or we go below the NATO agreement. While other nations don't follow it, we do. Shows why the Paris Agreement was garbage.
7. You call me dumb but you dismissed actual scientists' opinions on climate change, one that was one of the lead authors of that IPCC report.
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@1rony230 , according to FRED home ownership in Q2 2016 was 62.9%. Q3 2019 was 64.8%. This was after it dropped from 69.2% in Q2 2004 to 62.9% in Q2 2016. What happened in 2016? So yes, there has been an increase in home ownership. After it dropped nearly 7% in 12 years it has gone up in around 2% in 3 years. You do the math.
Again, more millenials decided to go to college compared to previous generations, and they decided to move and work in the city where they were most likely going to rent. My parents owned a home when there were my age, 32. I live in an apartment. However, I am pursuing my PhD where my dad did not even have a college degree. See the difference? You just can't throw numbers out there and expect them to mean anything. From 1996 to 2006 college enrollment went up 24% according to the National Center for Education Statistics. From 2006 to 2016 post baccalaureate enrollment increased 15%. Again, more millennials are going to college and also going to graduate school delaying owning a home. You know what else people are doing at an older age now? Getting married. Why? They rather focus on schools and staring a career as opposed to getting marriage.
You say 'inflation", what level of inflation? CPI, PCE, GDP deflator? I bet you did not know there were many ways to measure inflation. Also, inflation measures have many flaws. For example, they don't account for new technology. A car today is more expensive then a car in the 70s. However, cars today last longer, get better gas mileage and are safer, all which saves money. I suggest you read the following two studies
"Fifty Years of Growth in American Consumption, Income, and Wages" by prof. Bruce Sacerdote
"Did Wages Reflect Growth in Productivity?" by prof. Martin S. Feldstein
Also, the Atlanta Fed and FRED stats have wages and median earnings going up.
Homeownership has been going up.
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