2020 Election

This isn't the quote I was looking for, but it addresses the general direction of our conversation. I feel like the percentage is more telling of the broader scope than the sum totals. When you say most of the poor are white, that is true. But if you look at the population, what percentage of the total are minorities (hint: it's they are in the minority). So then what percentage of each individual class are poor?

I wish I could find the statistic, but it's a much lower figure % of white who are poor than it is % of brown who are poor.

 

Indeed, I've seen this first hand a few times. A couple of different companies I worked for went broke within a year of the founder's death. The family was out buying new cars a week after the deceased were lowered into the planet.

On one job the privileged son told me I'd have to up my sales game if I wanted to stay on. I looked at his new Beamer and said something like "yea, I realized that when you drove up". So I upped my sales game, with a different company.

 

#here it is #found it

I just think it is important to be clear about who is disadvantaged and who is not. White people, by and large, are not; with the exception of the very unfortunate 13%.

 

Not really. The actual numbers are rather frightening. The statistical analysis is exactly why few people care about poor white people. Thanks to the magic of statistics it seems like even though they are by far the largest number of actual poor people, it's a smaller percentage as a whole of that group.

When presented statistically, it appears oh so terrible, of course.
Black poverty 21.2% (OMG!!)
Hispanic poverty 18.3% (OMG!)
White poverty 8.7% (WTF?!?!?! Most honkies are on easy street??? Fuck that, PROTEST!!!!!)


Then there's the actual numbers of affected human beings
Black poverty 9 million
Hispanic poverty 10.8 million
White poverty 17 million

So that's 17 million people who have to be fed with real money as opposed to statistical dollars. But they are marginalized as being "privileged" because of their color. Not only that, but white Americans don't give a crap about them either because MOST of them arrogantly assume they MUST be poor because they are lazy and shiftless.

Which is why I find it amusing that anyone thinks the bulk of white America somehow should care about poor people of other races when they don't give a flying fuck about poor white people. That's a disconnect the hard core leftists work with rather well these days to sow racial dissonance. Another is using statistics to make a case and while it is certainly the truth, it's only half of the overall truth.

And half-truths can cause a serious amount of damage since they are so easily weaponized. It's yet another way we Americans are being manipulated by our overlords.

 

I think I'm more comfortable favoring the minority. I think that institutional change will help all of the poor; not just African Americans and Hispanics. When you point to the white who are poor and say that it's such a shame it looks like you're ignoring the enormous elephant in the room.

 

17 million is a pretty big elephant. But, they're white. So who cares?

 

No one is saying that.

What people do seem to be saying is that the 30% (or whatever it is) of African Americans is an acceptable figure. It's not.

 

I agree, none of this is acceptable. Especially in such a "wealthy" nation.

 

By the way, after Biden's "smart as white kids" gaff he had another encounter. Someone called him out for pushing the debunked "good people on both sides" line that has been attached to Trump. Biden immediately countered in a most impressive, almost presidential manner. I'm still positive he's the only chance for democrats, so they need to galvanize soon or the 2020 election is going to have even more of them screaming at the sky.

 

I was just thinking, what if he meant to say "smart ASS white kids"!!!!!!

 

I am having second thoughts about Biden. Not because of his gaffs, but he is looking, and sounding very old.

 

Actually the entire left wing is saying that

 

He's starting to live up to that "Creepy Uncle Joe" persona. But still, he's the only real chance democrats have to take the top seat. Warren will not do well against Trump in 2020. However, she'll mop the floor with Pence in 2024, if she runs.

 

Meanwhile there's an alarming trend taking place across the globe , the rapid increase in Negative Yield Debt. The total of this debt was 13 Trillion in June now it's 14 Trillion.

The ECB has been trying for over ten years to inflate the Euro , toady the rate is 1.6% .
Likewise the dunces at the Federal Reserve bent on inflation since the recession of '08 still haven't produced the target 2 percentile seem poised to return rates to zero. As of last accounting US inflation rate was 1.52% .

Paul Volcker was the last Federal Reserve chair ( 1979- !987 ) to get it right.

There 're never before seen circumstances afoot when it comes to our currency and global financial markets stemming from the fact that the financial meltdown of '08 wasn't fixed but papered over setting the stage for even bigger troubles this time around .

Word is floating around that team Trump is feverishly trying to stave off the inevitable until 2021 to get past this election.

Total global debt is now a staggering 246 Trillion and rising.

Regardless who wins 2020 this problem is festering and a day of reckoning is coming.

 

I am not sure about the "creepy uncle joe" persona, but I digress. I think Warren has a chance against trump, especially if he starts with the ad hominems. Furthermore, he can't use age against her like he can with Biden, and Sanders

 

He can't use anything against her without being called a sexist. The deck is stacked with Warren. With Harris it's double-stacked.

 

Indeed, we're overdue for another US recession. Which will cause cascading issues around the planet. The real question, since the 2020 winner won't matter on this regard, is will this recession be the one that triggers a decades-long depression? That's overdue as well.

 

Long overdue !
Central Bank exercise so far has been directed at preventing deflation with only paltry success. If global deflation begins in earnest it will be unstoppable because Central Banks have already expended most of the customary ammunition used against it.

I'm leaning in the direction of both a global depression/upheaval and a re-ordering of global finance. Our current US Dollar is now 48 years old , a long time for Fiat money.

 

He'd use Pocahontas against her--effectively. And the "Socialist" label.

 

Indeed it is, but Nixon's coin toss bought it more time.

I wrote a book about what would have happened if Nixon's coin landed on tails instead! A Journal of Life on the Mississippi (The Epic Stoner Novel)