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The reason is: It doesn't affect their pocket books. Meanwhile property prices and 401ks are up, old people (the largest cohort of voters) really just don't ca
by dinobones 2y ago
The reason is: It doesn't affect their pocket books.
Meanwhile property prices and 401ks are up, old people (the largest cohort of voters) really just don't care.
I wish people had more empathy for others, but they don't. They mostly only care about taxes and their personal wealth.
This level of personal greed-individualism is partly what makes America great in the good times, but awful when things get bad.
- Jtsummers 2y agoStocks are down over the last month. Depending on the risk profile of investors, many will find their 401k plans down soon as well.
- rsynnott 2y ago> The reason is: It doesn't affect their pocket books. I mean, a trade war absolutely will. > Meanwhile property prices and 401ks are up The S&P500 is down YTD. That said, this will probably all take a while to sink in.
- charlescearl 2y agoAt least 30% of seniors in the US are living precariously and that is likely to increase as SSA benefits are gutted. The statistics are even worse when disaggregated by race, ethnicity, gender. https://www.ncoa.org/article/get-the-facts-on-economic-security-for-seniors/ https://www.ncoa.org/article/get-the-facts-on-economic-secur... As militant actions in Greece, France, and places across the globe attest, voting is not nor should be the only sphere of political engagement.