this post was submitted on 16 Aug 2024
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Financial pundits concerned by a politician driven by more than money.

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[–] BrotherL0v3@lemmy.world 7 points 3 months ago (1 children)

The big divide in the US is not so much between Republicans and Democrats as between people who invest and people who don’t. For a man of his means who is running for America’s second-highest office, Tim Walz is on the wrong side.

God forbid a leadership position go to someone not in the ownership class!

In 2022, 58 per cent of Americans owned stock, either directly or indirectly through mutual funds. Based on his 2019 financial disclosures and his 2022 tax filings, the Democratic vice presidential nominee is not one of them.

So? The average American, who has maybe a 401k and some options thru their company, still has more shared class interests with someone who owns no stocks whatsoever than with someone who doesn't have to work for a living.

The rest of the article fails to load, but looking at the author's other pieces, we see she thinks price gouging is a myth and that another recession might actually be a good thing. She's either so out of touch she may as well be from outer space, a soulless corporate sellout, or intentionally writing ragebait with an economic coat of paint.

[–] Ranvier@sopuli.xyz 1 points 3 months ago

This is also misleading because he has pension funds. Those pensions certainly have the money invested. They're acting like the guy has no retirement plan.