No, it is not true. What IS true is that anyone who

New Post Public Reply Private Reply Replies (0) Message Board
Bhawks dbergh #62614
209
No, it is not true. What IS true is that anyone who generalize about the quality of large number of cities based upon idiots shitting on sidewalks in one city is also an idiot.

You really need to distract from the wider problem of shittily governed Red States, and to change the subject from the verifiably accurate fact of the redistribution of taxes from cities like SF.

Might want to post a link that contradicts that, if you can find one.

The fundamental problem for your arguments about Dem cities?

You won't assign responsibility for GOP shit States to who governs THEM.

Take a look.

A better way to look at the difference between Republican and Democratic leadership is to look at the prosperity levels of republican states (red) versus states that are typically democrat (blue). In that case, blue states unquestionably enjoy much higher levels of economic prosperity with higher standards of living, and better schools.

Midterms: Poorest states have Republican legislatures, and richest have Democratic ones

Heading into midterms, Republicans are the party of the poor and Democrats a the party of the rich. Look at state legislatures in the poorest states.

Ken Fisher, Special to USA TODAY Published 7:01 a.m. ET Oct. 21, 2018 | Updated 1:24 p.m. ET Oct. 22, 2018

https://www.usatoday.com/story/money/columnis...694273002/

Unless you’re a political junkie, it’s not easy keeping track of the seats up for election. Here’s why midterm elections and chamber control matters. USA TODAY

[img https://www.gannett-cdn.com/presto/2018/09/04...;auto=webp [/img]

Minnesota 1st District congressional candidate Dan Feehan works a parade in Waterville, Minn., on June 10, 2018. Waterville's 54th annual Bullhead Days parade included Democrat Feehan and Republican Jim Hagedorn, candidates who came to shake as many hands as they could in the open-seat race that promises to be one of the most closely watched races in the country.(Photo: AP, Jim Mone)

On Oct. 4, USA TODAY published a breathtaking economic profile of all 50 states, ranked by household income. Embedded within it is arguably the greatest unseen political truth of our time.

https://www.usatoday.com/story/money/economy/.../38051359/

Fathom it, and you will see how politics may unexpectedly affect economics and wealth for years to come.

Though income drives the rankings from poorest (West Virginia) to richest (Maryland), the list also includes population, unemployment and poverty rates.

To unlock the political secret in these data points, cross-reference them with figures available from the National Conference of State Legislatures (NCSL) showing which party controls state legislatures.

What you see is exactly the reverse of our cultural mythology: Heading into midterms, Republicans are very much the party of the poor and Democrats are the party of the rich. This seemingly sounds nuts. It isn’t. Thirty-two states have Republican-controlled legislatures.

Eighteen of the 19 poorest states have legislatures where both chambers are Republican controlled. New Mexico (46th richest, fifth poorest) is Democratic. But there isn’t another blue or purple state until you get to purple Maine (31st richest, 20th poorest) with its “split” legislature of one party in each chamber.

All the states in between (such as Tennessee and Florida) are Republican, both chambers. So is Michigan, where Republicans hold all high state offices (where Donald Trump won in 2016). Above New Mexico, you jump all the way to middle of the pack Vermont (27th richest, 24th poorest) to find a state with both legislative chambers held by Democrats.

But all five richest states have both legislative chambers controlled by Democrats – Maryland, New Jersey, Hawaii, Massachusetts and Connecticut. Overall, Democrats dominate the 20 richest states.

Conventional wisdom has long proclaimed Republicans the party of the rich and Democrats the party of the poor! Forty years ago that was largely true. The poor almost everywhere elected Democrats. That is how most media portray it now.

But media are almost solely big-city based, where the conventional wisdom remains true. Democrats are the party of the urban poor – from Boston to Los Angeles. But at the grassroots level, overall, it isn’t so.

Republicans, overall, own America’s low-to-no income vote. Media simply don’t report what they don’t live in and see.
This might seem academic – pure sociology – but it isn’t. It’s a central money issue.

November’s vote is a timely re-test. Will poor voters reverse this trend and by how much? I don’t know. No one analyzes or polls for this. If America’s poor states remain Republican at the bottom, so will our Electoral College and the Republicans’ growing ability to win the presidency and control the Senate with a minority of the national popular vote.

If a big blue wave also wins back many poor-state legislatures, then 2020 may introduce a new wave of Democratic economic and social principles – via Democratic presidents and Senates. It will determine whether we see more regulation or less. Or more or fewer federal programs, and all the other things the two parties see so differently.

The balance of power in electing presidents and controlling the Senate lies in the hands of our poor, largely our nonurban poor.
You tell me. Will the Republican Party nationally remain the party of the poor at the grassroots level? Or will Democrats regain that mantle they held long ago?

The outcome determines two very different economic and money policy futures for America. Stay tuned. I’ll report that grassroots outcome next month.

Ken Fisher is founder and executive chairman of Fisher Investments, author of 11 books, four of which were New York Times bestsellers, and is No. 200 on the Forbes 400 list of richest Americans. Follow him on Twitter @KennethLFisher



Scroll down for more posts ▼

Top 10 Most Recent News Articles

Harbour BioMed Joins Stock Connect, Boosts Investor Access

Updated Category News Views 4

The Big Leap: Harbour BioMed Joins Stock Connect Well, if this ain't something to get excited about—Harbour BioMed just snagged a spot on the Stock Connect roster. This step isn't just ceremonial. We're talking about real access for mainland Chinese investors to dive directly into the shares of Harbour BioMed (HKEX: 02142.HK) through the Shanghai-Hong Kong and...

Continue Reading
KuCoin's KCUSD Tackles Stablecoin Idle Capital Problem

Updated Category News Views 1

KuCoin's Bold Move with KCUSD Folks, the cat's outta the bag with KuCoin's latest maneuver—introducing KCUSD. At first glance, it seems like they're just introducing another fancy stablecoin product, but peel the onion and there's more to it. We're talking about shaking up how stablecoins sit tight doing nada in the crypto world. KCUSD is out to make those idle balances...

Continue Reading
Yas Island's Bold Move: Expanding With Potter Magic

Updated Category News Views 0

Potter Magic Takes Over Warner Bros. World Abu Dhabi Call it a stroke of wizardry or plain savvy business sense, Miral and Warner Bros. Discovery Global Experiences are betting large on Harry Potter with a trio of themed lands at Warner Bros. World Abu Dhabi. Brace yourselves, because this ain't your mother's theme park nostalgia—this is about breathing new life into a...

Continue Reading
Supernova SPAC Lawsuit: Settlement Proposed, $3M on Table

Updated Category News Views 2

Legal Clouds Over Supernova's SPAC Adventure Alright, folks, buckle up, because whenever you mix SPACs and lawsuits, you're in for a roller coaster. Supernova Partners Acquisition Company, Inc. stands right at the heart of a class action lawsuit, and it's been cooking ever since the court in Delaware gave it a nudge forward. Settlement Talk: What's on the Table? So here's...

Continue Reading
Global Movement Urges Dr. Hak Ja Han's Release

Updated Category News Views 4

Under the shadows of Manhattan's skyline, something more than a regular service took shape. The New Yorker Hotel hosted an impassioned gathering of the Family Federation for World Peace and Unification. These folks weren't just saying their prayers; they were making a call—loud and resonant—for the release of Dr. Hak Ja Han. The Power of Collective Voices Gathering in...

Continue Reading
AB SKF to Hold EGM, Spin Off Automotive Assets

Updated Category News Views 1

SKF's Extraordinary Meeting: A Pivotal Moment AB SKF, a heavyweight in the industrial technology sector, is summoning its shareholders for an Extraordinary General Meeting on October 1, 2026. The venue? The Elite Park Avenue Hotel in Gothenburg, Sweden—sounds fancy, but don't expect to hear a string quartet at this shindig. What's truly on the agenda is a critical...

Continue Reading
Lyon Biennale 2026: Art, Dreams, and Lyon's Magic

Updated Category News Views 2

Unveiling the Art Spectacle in Lyon Alright, buckle up folks, because the 18th Lyon Biennale – Contemporary Art is about to take the stage in grand fashion. Starting on the 19th of September, this art fiesta is not just any exhibit; it's an eleven-venue citywide takeover that runs until the 13th of December, and it is poised to shake up the art scene like a good splash...

Continue Reading
EQT Wraps Up Share Buyback with 4.3M Shares Repurchased

Updated Category News Views 0

EQT's Bold Buyback: Crunching the Numbers Alright, let's peel back the curtain on EQT's latest maneuver—finishing up their share buyback program, all neat and tidy for 2026. They nailed down 707,203 of their own shares just in the first week of September, part of a grand total of 4,368,899 snatched up in the entire effort. That's a whopping SEK 1.448 billion invested in...

Continue Reading
Fosun Pharma Hits the Buyback Button: What's Next?

Updated Category News Views 4

Fosun Pharma's Bold Move Well, if this isn't Fosun Pharma making some noise! Announcing an H-share repurchase plan worth up to HK$1 billion is like setting off fireworks amidst any investor's evening. They're hollering to the market, 'We see value, and we're doubling down on it.' Crunching the Numbers In the first half of 2026, Fosun Pharma's numbers weren't just a flash...

Continue Reading
Stem Cell Market Set for Major Gains to 2031

Updated Category News Views 1

Stem Cells: The Next Frontier or Hype? Folks, stem cells are no longer just a sci-fi concept tucked away in lab coats. This sector's set to boom from USD 18.9 billion in 2026 to a whopping USD 32.57 billion by 2031. Yeah, you heard it right, a solid 11.5% compound annual growth rate. Now, whether you're an investor or just keeping your finger on the biotech pulse, there's...

Continue Reading

Top 5 Most Recently Viewed Articles

Hyra Network Showcases Sovereign AI Vision at TOKEN2049 Event

Updated Category News Views 313

Hyra Network Shines at TOKEN2049 with Sovereign AI Vision Hyra Network has successfully showcased its vision for Sovereign AI at TOKEN2049 Singapore, capturing the attention of the global cryptocurrency community. This decentralized AI infrastructure project has made remarkable strides, positioning itself as a leader in the digital space. Achievements Highlighted at...

Continue Reading
SolarEdge and Canadian Solar: Navigating a Changing Market Landscape

Updated Category News Views 180

SolarEdge's Upward Revision and Future Prospects Goldman Sachs analyst Brian Lee has made significant revisions to the ratings of key residential solar stocks, revealing insights into the current market dynamics. The analyst points out a growing disconnect between mid-to-long-term fundamentals and stock valuations for solar and storage equities as we approach the next few...

Continue Reading
Root, Inc. Engages Investors With Upcoming Q3 Financial Call

Updated Category News Views 59

Root, Inc. Plans Conference Call for Q3 Financial Discussion Root, Inc. (NASDAQ: ROOT), known for its innovative approach in the insurance sector, is gearing up to hold a significant conference call aimed at discussing its financial performance for the third quarter. This call is scheduled for October 30, providing an opportunity for investors and stakeholders to gain...

Continue Reading
EMQ and Volt Active Data Join Forces for Advanced IoT Solutions

Updated Category News Views 176

Partnership Revolutionizes IoT Automation This collaboration creates a comprehensive device-to-decision platform for mission-critical IoT automation. EMQ, recognized as a global leader in MQTT messaging and IoT connectivity, has formed an innovative partnership with Volt Active Data, a leading real-time data platform. This alliance aims to empower enterprises by...

Continue Reading
GitLab Investors Urged to Evaluate Losses Promptly for Action

Updated Category News Views 48

Investors of GitLab Are Urged to Take Action Now In a significant development for shareholders of GitLab Inc. (NASDAQ: GTLB), the law firm Faruqi & Faruqi, LLP is investigating claims regarding potential financial losses among investors. Individuals who have incurred losses exceeding $100,000 in GitLab are especially encouraged to reach out to the firm for a comprehensive...

Continue Reading