Posted on 12/27/2016 2:08:22 PM PST by 2ndDivisionVet
Nobel laureate economist Robert Shiller says President-elect Donald Trump is showing Americans how to live large and love it.
"We used to be more into modest living," the Yale professor told CNBC, speaking about the years after the financial crisis. "Now people are thinking, '[that] doesn't work.' You know? You have to live big-league and you're on your way," Shiller said.
Shiller said the excitement is visible at Trump rallies and in the stock market.
Shiller's comments add to budding sentiment that America's new billionaire-in-chief — with his gold-plated penthouse, private jumbo jet and multiple mansions — could shift U.S. attitudes away from inequality and toward the 1980s-style aspiration and worship of wealth, CNBC.com explained....
(Excerpt) Read more at newsmax.com ...
This is exactly what the left hates about Trump. Fewer dependents.
People would do better paying down the debts the Obama administration brought.
You talk about “living large”? The is what the Obamas did for the past eight years!
Livin’ large on da man!
Screw the inequality shills.
What one one part wants is to shield themselves from envy.
They other, the takers, mearly want more for nothing or doing little to nothing.
...You talk about “living large”? The is what the Obamas did for the past eight years!...
What was it, 65 million taxpayer dollars spent for America’s Royalty’s vacations in the last 8 tortured years??
Can’t wait for the words “Former President.”
I wouldn’t living large if my budget could afford it, LOL.
Don’t forget about the date nights that shut down NYC!
An economy that improves to the point many young adults can move out and get their own places will be enough to help the housing market.
i guess the douche bag was asleep throughout the recent housing boom and bust...
These jealous lefties; most of them relatively rich themselves, hate the idea of the little people having a crack at it. Trump, as the champion of success and wealth, wants equality of opportunity for all. The left wants equality of misery, for everyone but THEM.
>could shift U.S. attitudes away from inequality and toward the 1980s-style aspiration and worship of wealth, CNBC.com explained....<
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Trump had better grow the job market first before there can be any worship of wealth. 90 million of jobless citizens still living without hope i.e. 27% of the population.
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