Daily morning cartoon / meme roundup: The economy is not good for most people. The wealthy are doing great but the Republicans want less and less for the rest of the people. The Covid bill is just a start, but wealthy people do not want to raise wages to workers and do not want workers to have unemployment so they are desperate to return to a dangerous work environment.

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The Republican drag

 

 

 

Kevin Kallaugher Comic Strip for March 03, 2021

 

 

CNN02282021

 

 

 

 

 

 

 

 

 

 

 

 

 

John Deering Comic Strip for March 03, 2021

 

 

 

 

 

 

 

 

 

Political Cartoon U.S. trump cuomo sexual harassment

 

 

 

 

[object Object]

 

 

Steve Benson Comic Strip for March 03, 2021

 

 

 

 

 

Editorial Cartoon U.S. covid vaccine racial disparity

 

 

 

 


This did not need to be the choice, other countries paid the business owner to pay wages when they were closed.  The US choose to pay the wealthy corporations to buy back their stock to help keep stocks moving at high price levels. 

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plan for the postal office

 

 

 

 

Rob Rogers Comic Strip for March 03, 2021

 

ViewsAmerica Comic Strip for March 02, 2021

 

 

 

Stupid people shut upThey do not understand

 

 

 

Non Sequitur Comic Strip for March 03, 2021

 

 

Calvin and Hobbes Comic Strip for March 03, 2021

 

 

Farcus Comic Strip for March 03, 2021

 

 

 

Dog Eat Doug Comic Strip for March 03, 2021

 

Shoe Comic Strip for March 03, 2021

 

Garfield Comic Strip for March 03, 2021

 

 

5 thoughts on “Daily morning cartoon / meme roundup: The economy is not good for most people. The wealthy are doing great but the Republicans want less and less for the rest of the people. The Covid bill is just a start, but wealthy people do not want to raise wages to workers and do not want workers to have unemployment so they are desperate to return to a dangerous work environment.

  • Scottie, the haves are doing just fine. Those who are not in the stock market or their 401(k) plans are more challenged. This actually started after the housing recession of 2007-08 sank the stock markets. Too many folks got out of the market and never got back in. So, too many were fragile heading into the pandemic. Keith

    Liked by 1 person

    • Hello Keith. The stock market is a game for the wealthy and the recent blow up over the game stop shorting proved that. Wealthy investors went on CNBC and complained that regular people were trading stocks, something they felt was their right only. One guy made a lot of viral clips saying that regular people using their government given money sitting around all day trading stocks was wrong, that was his job and for wealthy people like him. Really pisses a bunch of people off.

      I tried to get into the market when I left the service back in the late 1980’s. I knew nothing about it but had saved up a bunch of money. I did not know anything about the market but was willing to put 8 or 10 grand in it. The broker I went to discouraged me from doing that. He said anything I put in I should plan on not touching for 15 years, and that being in my early 20’s and just out of the service he felt I would need some of that money much sooner. He suggested different banking certificates of deposit and even some insurance saving devices. I did them and they worked for me.

      My point is the stock market is not the economy of the average person. The economy is the flow of money, the movement of it in the population. The stock market is not that. I wish the wealthy elected officials would stop thinking only of their wealth bracket and would think of the majority of the country, at least half of which can not handle a $400 dollar emergency.

      I have a friend who manages a manufacturing plan for a wealthy owner.
      the owner is really against the Covid relief bill because he pays very low wages for a physical labor job. He is worried he wont be able to get workers because the unemployment benefits are higher in the Covid package. Yet he wont think of paying his workers a better wage and earning their loyalty. He could afford it, his business is doing great and he personally is making great money. My friend is stuck between the workers and the owner. But that is the mind set and why the people in this country are working for poverty wages while the over lord class does really well. Hugs

      Like

      • Scottie, a couple of points. I agree the stock market is not the economy. I disagree that the stock market is only for the wealthy. That mindset will make the difference in the haves and have nots greater. Too many do not know how to use the market to their advantage and there are some who try to gamble with the market, not invest in it.

        The best thing for a regular person to do is invest in the 401(k) or 403(b) plans their employer offers. This will use payroll contributions in a dollar averaging manner (the same amount invested twice a month). This will avoid some the vagaries of the ups and downs. Plus, they can pick a pre-set investment strategy based on their own risk/ return profile and then do something that is hard for people to do – leave it alone.

        The other advantage is companies usually match the contributions, so with a 50 cents on the dollar match, your return is 50% to start with (granted the market may fall). People need to think of investing not trying to gamble with the market.

        I am not an investment advisor, but people should look to low fee mutual funds or if they want to invest in good companies, pick high dividend payers. You can actually get such a list online. These are usually blue chip companies. And, many reputable companies will have dividend reinvestment programs that buy more shares with each dividend. Your local utility may have a customer stock purchase plan which is one of these dividend reinvestment plans – they are equities, but utilities are quasi-governmental, so tend to be a little more stable investment than the average stock.

        So, I encourage people to invest in the market starting with their company plans. The key word is invest, not gamble. As for your final paragraph, that kind of owner is one not to work for.

        Keith

        Liked by 1 person

        • Hello Keith. I think you are a few decades too late. In todays working environment there is no extra to put into 401Ks even if you can get a job that offers benefits. Today for most people it takes every cent to get by and people are still forced to either use credit or cost share. A lot of people are working multiple jobs and fewer employers are offering any benefits much less matching any retirement savings.

          https://www.epi.org/publication/raising-the-federal-minimum-wage-to-15-by-2024-would-lift-pay-for-nearly-40-million-workers/

          Yet since the late 1960s, lawmakers have let the value of the minimum wage erode, allowing inflation to gradually reduce the buying power of a minimum wage income. When the minimum wage has been raised, the increases have been too small to counter the decline in value that has occurred since 1968, when the minimum wage hit its peak in inflation-adjusted terms. In 2018, the federal minimum wage of $7.25 was worth 14.8 percent less than when it was last raised in 2009, after adjusting for inflation, and 28.6 percent below its peak value in 1968, when the minimum wage was the equivalent of $10.15 in 2018 dollars.

          This decline in purchasing power means low-wage workers have to work longer hours now just to achieve the standard of living that was considered the bare minimum half a century ago. Since the 1960s, the United States has achieved tremendous improvements in labor productivity that could have allowed workers at all pay levels to enjoy a significantly improved quality of life (Bivens et al. 2014). Instead, because of policymakers’ failure to preserve this basic labor standard, a parent who is the sole breadwinner for her family and who is earning the minimum wage today does not earn enough through full-time work to bring her family above the federal poverty line.

          40 million people would be raised out of poverty level incomes with just this one fix.

          I have said before that when I left the Army I was able to buy a new home, new truck, used motorcycle and have luxuries like something really new in my area, cable TV. All on one job, one income. When Ron joined me we bought another car and another motorcycle. It was do able. Not today. My mortgage payment was only a bit above $300 dollars. My truck payment for a then top of the line dodge was $250 for four years. Today a two bedroom apartment around here costs around $1,400 to $1,700 dollars a month but wages have not increased and lets not even talk groceries.

          I found this information on the stock market and how the population is invested in it interesting.

          The latest available government data, via the Federal Reserve from 2016, shows a relatively small share of American families (14%) are directly invested in individual stocks but a majority (52%) have some market investment mostly from owning retirement accounts such as 401(k)s. The Federal Reserve study found that only about one-third of families in the lower half of the income scale had stock holdings. In the next 40% of the income scale, about 70% of households held stocks, while households in the top 10% of the income scale had stock ownership rates above 90%.

          https://www.forbes.com/sites/teresaghilarducci/2020/08/31/most-americans-dont-have-a-real-stake-in-the-stock-market/?sh=65c88b991154

          The top 10% income scale have 90% of the stock ownership. The stock market is not for the average person, it is a game for the wealthy. Hugs

          Like

          • Scottie, I understand the data and your points. My point is we must not give up on savings and investing. In my work with homeless working families, they are under water like you say and also subject to predatory practices. One of the keys of our social workers is to help them budget better, know the difference between needs and wants and help them save. But, also they need to get away from pay day lending and 25% car loans. The key is to help people find ways to help themselves.

            The other challenge is the gig economy where employers do not want to pay for benefits treating people as independent contractors. This is were the ACA comes in and other savings programs. So, we must not lose sight of tools that can help. Budgets must include staged savings of some kind. With a job, those opportunities exist and can be easily accessed. We must get folks saving what they can or they will never be able to bear risk of job loss or lost earnings. Unfortunately, the pandemic has created a new host of problems.

            This is a problem that does not get talked about enough and your data and input is well grounded. Keith

            Liked by 1 person

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