Comments by "Ray Bod" (@raybod1775) on "Minority Mindset" channel.

  1. U.S. has been losing economic dominance since countries rebuilt themselves after World War II. We’ve dropped from 50% Global GDP to 13% today, dramatic drop in 80 years.
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  2. Silly me, it was my imagination that food, utilities, construction material, labor and taxes were all going up.
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  3. If corporations are people, why aren’t they taxes exactly the same as people?
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  4. Really? We had some of the highest inflation in history the last 4 years.
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  5. BRIC currency will succeed.
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  6. U.S. is capable of producing about 98% of everything it needs for all production. A lot of unemployed people working in lumber industry will be happy.
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  7. Buffet sold off a year ago and missed a 20% rise in stock prices.
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  8. Guess people forget what Trump’s been saying consistently for months.
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  9. Farmers get too many handouts.
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  10. Trump is leveling out the playing field, all other countries have tariffs.
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  11. Fed is limited in what it can do. Official inflation figures are half of real inflation because politicians over promise benefits. Eventually inflation devalues benefits.
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  12. Not before election, expect high inflation, interest rates going up and a recession in 2025.
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  13. AI is changing everything. It’s only just begun.
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  14. That’s what its about, survive until you can find a better job.
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  15. Bye!
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  16. Corporate profits determine stock prices.
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  17. That’s capitalism.
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  18.  @brucetec6597  A level playing field keeps an economy dynamic and produces the most jobs. Fair competition is what creates jobs, not special interest tax cuts.
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  19. Individuals buying products and services make jobs. Corporations shouldn’t get a lower tax rate than individuals.
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  20. President Trump never says he’ll cut spending. Republicans won’t ever propose a balanced budget Amendment. More deficit spending means more inflation.
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  21. Walmart imports close to 100%.
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  22. All other countries have tariffs, they are gaslighting.
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  23. Tariffs, cutting taxes without cutting spending.
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  24. No kidding, it will take time. In the end, U.S. will be much better off like before moving industry out of U.S.
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  25. U.S. Navy and rest of military needs to protect U.S. and not the world. Let Asia protect Asia. Let Europe protect Europe. We can’t afford it.
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  26. The ones that do get a job will be making big bucks.
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  27. Same in Chicago area, supply is limited.
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  28. Temporarily higher prices, long term increase in jobs and business in U.S. Wages only make up a few percent of cost of products. If low tariffs worked, prices would not have gone up 30% to 50% in last 4 years.
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  29. I grew up poor and dress that way, women never are interested in me until they find out I’ve got real money… then I lose interest.
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  30. Try to distribute goods, get medical treatment, build a house, etc. without people… not happening.
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  31. Excellent summation of the economy.
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  32. We likely had a lot more, but they called them recessions and panics.
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  33. And wasteful government spending.
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  34. GDP needs to be measured by subtracting government spending and subtracting Federal Reserve asset balance, it isn’t great.
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  35. Don’t forget trillions of dollars wasted on wars like Vietnam, Afghanistan and Iraq.
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  36. I’m retired and paid about 38% of my income on federal taxes and IRMA tax. I’m 100% behind Trump tax changes.
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  37. Read the Constitution, the federal government is limited. It’s up to states and local governments.
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  38. Somebody needs to pay taxes. Better importers pay than people earning an income.
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  39. Overbuilding in sun states like Florida does not represent housing in rest of the rest of the country.
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  40. Interest rates are up, U.S. economy is chugging along, so why would dollar collapse? Commercial real estate looms large, but more people are returning to work so it’s not quite so terrible as it looked before. Central business areas and areas where businesses get robbed will continue to hurt. I don’t see a bad economy in the rest of U.S.
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  41. Temporary pain for long term gain. Federal government was out of control. Other countries wouldn’t budge with their tariffs and trade restrictions.
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  42. Taxes will be paid by somebody. Income should not be taxed.
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  43. Nvidia is the only stock driving up the market.
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  44. Everyone who pays taxes will get taxes cut. Too many people, farmers and corporations get money from everyone else.
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  45. If the U.S. government had a balanced budget, we had old rules separating banks from investment firms, make it illegal for anyone to serve on more than one board of directors and corporations were not allowed buy their own stocks, inflation would not be a problem.
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  46. Look what happened to the middle class in America in the last 30 years thanks to 'free trade' and expansion of corporate power... no pensions, no job security, debt and low pay. Indian people must protest against being sold out to corporate interests.
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  47. Inflation is likely driving profits higher.
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  48. No, but that doesn’t mean they won’t work together to improve their economies.
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  49. We are not a socialist country. It would be good for a lot of soft people to work on a farm or do other labor to know what hard work really is.
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  50. I always worked hard except when sick and continue to do investing in retirement. I just spend whatever and don’t bother to budget.
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