A lot of Americans feel the economy is skewed to favor the wealthy, says Strategas' Jason Trennert

and yet they voted for trump lmao.

Life isn't fair. That doesn't mean we should trash our economy to make everybody equal.

Well it is

Haha. You think!?! Of course the wealthy is going to benefit under trump. Those who voted for him who voted for him who are not wealthy thinking that he is going to help you. He won’t. So thank you. By the way, I was smart enough not to vote for a convicted criminal that incited the insurrection and caused the economy crash because he let the virus in the US. But I am going to benefit in the market. So don’t complain and own up to your incoming mishaps.

Feel it's skewed? Lol They flat out voted for it. People voted to make life harder on the poor and easier on the rich, it is what it is. Will the American people

this is why we need unbiased media YOU IDIOTS! we’ve been saying this for 10 years thanks. trump3000

Duh. Capitalism has created a heinous wealth inequality.
Wealthy people make no contribution to society and make all of the wealth by simply having assets.
Aspiring to achieve in a rigged system is a losing proposition.
Trump will do nothing to change the class system and his chaos will be horrendous.

The guest is doing his best to show empathy for the poor, but wealthy people have no idea what it's like. Someone saying they grew up poor doesn't count. They quickly--and gladly--forget that distant memory

They voted for it. Give the people what they want. Can’t fix cognitive dissonance.

The bottom 80% of the country now only owns 7% of the wealth, and that’s only becoming more extreme, where the political system is also becoming more skewed towards catering to the oligarchs.

🤔 Why do they call it the economy, when it's so expensive?

and more tax cuts for the rich will make less well-off people feel better.

it's called capitalism??

It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.

Republicans will make everyone be unemployed then their bank friends buy your stuff for pennies on the dollar.

As a wealthy person I can tell you it's absolutely correct. Trumpism is a result of inequality. And yet the people that voted for him don't realize the inequality will only grow under Trump like it did during his first presidency. I can tell you that my self and my business disproportionately benefited from the tax cuts and the gift tax exemption.

I got too bad shoulders, and a bad back. I can tell you for a fact, I never been hired by a poor man.

But when poor people do come into money, they don’t care about that anymore

yeah it has been like that since 100 years ago.

Rich /wealthy getting richer and wealthier.

this fella is spot on, trump easily won re-election b/c we got so many $billionaires in this country

Maybe it's because the rich tricked society into borrowing their private wealth and politically kanived their credit into the legal tender of the land. All while masquerading it as soveriegn money. Bring back the Greenback!

Rich or poor, people always choose rich (can't really blame them)

Hmmm. The wealthy are favored, so lets all vote for the billionaire and his billionaire buddies and just get it over with...

Trump is OLEGARCY

Always been and always will be, nothing new

It's more than a feeling... it's a fact, as plain as day. America became a plutocracy. Even if you don't like Trump, you can hope his wrecking ball administration and its disruptive policies will wreak havoc on the wealthy elites.

It’s the golden rule: Whoever has the gold, makes the rules.

@ITALY: but as EU-citizen you can easily work in Germany, Austria, also Switzerland... if you received a good education in Italy. Prefereably IT, AI, Engineering, Medicine, Handicraft.

Yup I am sooooo glad to be independently wealthy, I am also glad that sooo many poor people voted against they economic security and to give us even more wealth. Must love socialism for rich, and trickle down scam for poor.

Definitely. If you dont own a home, stocks, and other appreciating assets you havent benefited from recent policies.

No way should market be this good greedy printing money fraud

Fairer? de he actually use that word? Im relation to the upcoming Donald administration? Does this guy know what fairness means? It does not sound that way. The us is effed because of right wing policies, this administration will GREATLY exacerbates the problem. There will be a massive redistibution og wealth from poor to rich.

When has this ever not been the case where commoners think the wealthy get everything?

It is absolutely skewed. Billionaires have us pointing the finger at each other, immigrants and poor people just like last go around. Meanwhile the top 1% have more wealth than the entire lower 50%.

Favors the very wealthy

The US benefit to the US consumer market was to stand between them and the soviets. No longer required and paid for with a Chinese credit card. So yeah other countries have to pay. They should. No reason why the US should give the rest of the world a free ride

This so called expert makes absolutely no sense. Relatively shift price (higher) = inflation. 😂

Trump will give more tax cuts to the rich. That ought to make everyone feel better.

Either get on board or be left behind...... the world isn't going to change because of a handful of complainers on YT who've got no money or don't invest to make their money work for them.

Since the first day or the first Reagan administration workers have been beat down while the top 10% has feasted. Irony? Trump will make it worse.

Hasn't this belief been going on since the dawn of time??? Everybody got to start somewhere

100% true.

‘economy skewed to favor the wealthy’
The most Captain Obvious lede in a while 🤦

This guys been a bear for 5 years now....

John's usually a good interviewer but he kind of prevented Jason from elaborating on the big point. QE really hurt ordinary people - you have to look no further than the Fed's own survey of consumer finances to see the correlation between QE and the disproportionate growth in the wealth of the 1%. Pushing interest rates down left people nowhere to go but the stock market and the benefit to the incumbents far outweighed that to these newer entrants. My sense is that a decade of market rates on the long end will help right this imbalance.

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

Duh. The tax code is written by the ultra-wealthy, not the poor.

Gensler screwed my family. America is a scam.

Unfortunately this is true. As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

So they just elected the wealthiest administration in history. Nice goin!