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xboxgreen said:
the-pi-guy said:

Even "trickle down economics" would be better than what we have been getting. 

Wealth has been trickling up, as Republicans have cut taxes on the wealthy. 

Basically the entirety of the past century of American economics shows that your beliefs are wrong. 

Anyone can be wealthy if they get a job, make smart decisions and invest money in an index fund. Voo had around 95% return in last 5 years.

Bhahahahahahah! Sure bud. if you completely ignore the disparity between cost of living increases and minimum wages and the cost of housing and...you get my point. 

If you ignore all of the actual factors that matter then SURE, your theory is perfectly well-founded.



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xboxgreen said:

Anyone can be wealthy if they get a job, make smart decisions and invest money in an index fund. Voo had around 95% return in last 5 years.

Doesn't really have anything to do with my post, I assume you meant to quote someone else.

But, if most people aren't becoming wealthy - it clearly isn't "easy".

xboxgreen said:

Pay taxes to the government so they can waste even more money? That won't help in the long run. Also, they will use their money eventually when the next big thing comes along. Just like how a lot of tech companies are invest in AI.

You're right, it would be much more efficient to buy rich people more private jets and yachts.  



I might have been the only person to ever watch the show Titus, but he explains succinctly how the US dominance is coming to and end both domestically and internationally.



I describe myself as a little dose of toxic masculinity.

Last edited by SvennoJ - on 22 July 2025

xboxgreen said:
Bofferbrauer2 said:

Bolded: Worst example ever.

You see, Apple has an ever-growing pile of over 80 billions in cash that they don't even know what to spend them on. Taxing them for billions of dollars would just help them figure out what to do with all that cash - in this case paying their fair share of taxes for once. And t wouldn't affect any of their daily activities in any negative way. But greedy people gotta greed...

Pay taxes to the government so they can waste even more money? That won't help in the long run. Also, they will use their money eventually when the next big thing comes along. Just like how a lot of tech companies are invest in AI.

Pay taxes so the government can finally invest into something instead of having to settle for scraps all the time. Just look how decrepit the US look like: Streets with more potholes than roads, bridges that are collapsing due to lack of maintenance, the list goes on. MAD magazine even joked a couple years ago that terrorists won't attack the US anymore simply because they ran out of potential targets, everything looking like it's in shambles already.

Also no, they're not using this money, simply because there isn't anything they can use it on. Not even business acquisitions are big enough to shrink that pile of cash. Apple also has invested billions into AI, and did so early on already - does Siri ring any bells? - but it doesn't do anything to lower their cash amount.

Tim cook could literally Scrooge McDuck in that money if he wanted to...



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SvennoJ said:

Nope, Putin's currency is the one getting clobbered and the chinese leader is at just the right height in order "to get closer".  I've got a degree in finance so i know about economics.  



Bofferbrauer2 said:
xboxgreen said:

Pay taxes to the government so they can waste even more money? That won't help in the long run. Also, they will use their money eventually when the next big thing comes along. Just like how a lot of tech companies are invest in AI.

Pay taxes so the government can finally invest into something instead of having to settle for scraps all the time. Just look how decrepit the US look like: Streets with more potholes than roads, bridges that are collapsing due to lack of maintenance, the list goes on. MAD magazine even joked a couple years ago that terrorists won't attack the US anymore simply because they ran out of potential targets, everything looking like it's in shambles already.

Also no, they're not using this money, simply because there isn't anything they can use it on. Not even business acquisitions are big enough to shrink that pile of cash. Apple also has invested billions into AI, and did so early on already - does Siri ring any bells? - but it doesn't do anything to lower their cash amount.

Tim cook could literally Scrooge McDuck in that money if he wanted to...

The funniest part about conservatives hatred for taxes, regulations & welfare is that the “golden age of capitalism” was during a time period of high taxes and growing regulations & welfare programs that saw the creation of the middle class.

The early 1930s-early 1970s saw massive investments/regulations in terms of worker rights, civil rights, housing, education, healthcare, infrastructure, transportation, communications, manufacturing, small businesses, farmers, banking, the environment, public safety, research & development, & safety net programs, etc.

So the argument that we need to cut taxes, cut regulations and cut welfare programs in order to have a productive and growing economy just doesn’t add up. It only benefits the select few billionaires & corporations that want to control everything.



When the herd loses its way, the shepard must kill the bull that leads them astray.

xboxgreen said:
the-pi-guy said:

Even "trickle down economics" would be better than what we have been getting. 

Wealth has been trickling up, as Republicans have cut taxes on the wealthy. 

Basically the entirety of the past century of American economics shows that your beliefs are wrong. 

Anyone can be wealthy if they get a job, make smart decisions and invest money in an index fund. Voo had around 95% return in last 5 years.

You do know this actually doesn't help your case right.  If cost of living exceeds the amount or just the amount of money you actually bring home, exactly how much investment can you actually do.  Also, what you say isn't addressing the actual issue of trickle-down economics which doesn't works.  That is the main issue, investing in the rich does not mean they invest in the working class, it's the absolute opposite.  Rich people horde money, they do not spend money like the working class. Wages have not come close to meeting the rise of inflation and salaries have not gone up to match inflation.

While you can become well off if you invest in REIT, indexes, High yield savings accounts etc, even those takes decades to mature into anything of real substance and by the time if you are in your twenties and retire, the money in your account will have even less value than it does today.  So just having a job and doing what you say actually will not make you wealthy, you would need a pretty damn good high paying job before you see any real results.  Right now, at least in the US, you would need to be making north of 70K before you can do a decent amount of investing especially if you are single and either renting or owning a home.  You definitely will not be living anything of a wealthy life and you will definitely have to sacrifice a lot to build your investment portfolio for decades.  Usually the mark before you actually see any real gain in your investment is when they reach 100K.  Now tell me how long it takes to get to that level because I can use enough tell you from my own personal experience.  Even after reaching 100K, getting into a million while doesn't take as long does still take a significant amount of time and that still would not mean you are wealthy, just well off.



Xboxgreen is just an alt of Quickrick/Zeldaring. Whether he believes his bullshit or not, he only posts here to troll. Why even engage?



Bite my shiny metal cockpit!

Last edited by SvennoJ - on 21 July 2025