The two American Economies

Jul 2014
15,263
9,364
massachusetts
Found this interesting
America has two economies—and they’re diverging fast

So there are two diverging economies.
Here is what is happening in congressional districts.



Districts that vote Republican have seen wages decline over the last decade, districts represented by Democrats have seen dramatic growth.

Is it because people who are doing well vote Democratic, or does it have to do with the political leanings having an effect on the economy of the district?
Or is it just that smart people get paid more and vote Democratic?
 
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Aug 2019
534
474
Albuquerque, NM
Found this interesting
America has two economies—and they’re diverging fast

So there are two diverging economies.
Here is what is happening in congressional districts.



Districts that vote Republican have seen wages decline over the last decade, districts represented by Democrats have seen dramatic growth.

Is it because people who are doing well vote Democratic, or does it have to do with the political leanings having an effect on the economy of the district?
Or is it just that smart people get paid more and vote Democratic?
It's that republicans tend to live in rural areas that are losing jobs and suffering the most from greedy companies outsourcing and paying shit wages. Democrats tend to live in cities where the jobs are plentiful and higher paying. But republicans just keep voting for tax cuts to the rich and worshipping the greedy, so they reap what they sow.
 
Jul 2019
4,659
2,381
Georgia
Is it because people who are doing well vote Democratic, or does it have to do with the political leanings having an effect on the economy of the district?
Or is it just that smart people get paid more and vote Democratic?
I think it's a combination of all.

I live in a blue County but a red district. Our county is doing better than every other county in the district. We're much more progressive here. Regressive red counties are losing industry left and right, which is just adding to the joblessness and poverty. I feel like a lot more uneducated and poor are identifying as Republicans now too.
 
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Jul 2014
15,263
9,364
massachusetts
It's that republicans tend to live in rural areas that are losing jobs and suffering the most from greedy companies outsourcing and paying shit wages. Democrats tend to live in cities where the jobs are plentiful and higher paying. But republicans just keep voting for tax cuts to the rich and worshipping the greedy, so they reap what they sow.
And most red districts are in states with Republican governors and Republican controlled legislatures, that can really hamper economic growth.
 
Aug 2019
534
474
Albuquerque, NM
And most red districts are in states with Republican governors and Republican controlled legislatures, that can really hamper economic growth.
Basically, you get what you pay for. You get garbage roads, parks, education in states you don't want to spend money on. Great, you pay less in taxes, but you also get less

Also, so man in these areas just fall for the dumb "liberals are to blame' for all their problems while they cheer on republicans who continually screw them
 
Feb 2018
543
250
Oregon
Found this interesting
America has two economies—and they’re diverging fast

So there are two diverging economies.
Here is what is happening in congressional districts.

Districts that vote Republican have seen wages decline over the last decade, districts represented by Democrats have seen dramatic growth.

Is it because people who are doing well vote Democratic, or does it have to do with the political leanings having an effect on the economy of the district?
Or is it just that smart people get paid more and vote Democratic?
It's that republicans tend to live in rural areas that are losing jobs and suffering the most from greedy companies outsourcing and paying shit wages. Democrats tend to live in cities where the jobs are plentiful and higher paying. But republicans just keep voting for tax cuts to the rich and worshipping the greedy, so they reap what they sow.
I think a big factor is that Republicans are much more solidly dedicated to corporate wishes since they are owned by them, while Democrats try to find a little more of a balance.

In the early 1980s just less than half corporate earnings went to shareholders. The rest went to employees and business development. Higher income taxation for high tax brackets made high incomes less attractive when that money could be spent on the business and provide a tax write-off instead of a tax bill. But by 2016 a drastically-reduced income tax bill reversed that, making huge incomes more attractive. Consequently, by 2016 a full 93% of earnings were going to shareholders. And who were those shareholders? The top 10% of households owned 84% of all American stock. Add highly lucrative back-dated stock options to that and you get the income diversity we now have. This is what Republicans are so very dedicated to serving. And it is a big cause of the declining wages wherever they hold control.
 
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Reactions: Lloyd Christmas
Sep 2019
1,048
408
Texas
Both sides use and support corporate interests- both subscribe to gov't interventionist economy- neither wants to stop the borrowing or the spending-

Just saw an article yesterday about the F35 I think it was- Lockheed is the builder and has built plants in 50 states to make the parts and pieces- it, the F35, is waaaaayyyyy over budget and Lockheed has control over all future repairs and pieces- (every military contract I had to do anything with was a cost + contract)-
The article was about Bernie Sanders hypocrisy- Vermont has a Lockheed plant-
Political leaders D and R don't care about anything other than getting elected or reelected- period. They both subscribe to the same bull shit with pandering to base rhetoric about how they want to change it- LOL- AOC, whose politics and vision? I disagree with, is the only person (besides Amash) call out the establishment- the establishment controls both sides of congress and the senate- all economies are going to diverge and verge- trying to artificially control it will create a false sense of fixing- until somebody figures out a way to use the latest rules to stain, again, the blatant corruption used to fix it- SMH- but, y'all keep your head in the sand- that'sll fix everything- LOL