Adjusted for inflation, US per capita GDP in 1890 was around $7900, which today would put us between Suriname and Belarus. - ThreadSky

tripsnek.com • 94 days ago

Adjusted for inflation, US per capita GDP in 1890 was around $7900, which today would put us between Suriname and Belarus.

Reposted from Aaron Rupar

Trump: "We were our wealthiest in the 1890s." (This is a lie.)

Comments

iammattwilhelm.bsky.social•94 days ago

Honest question: do we know for certain that he's literate?

hughman3.bsky.social•94 days ago

Good times

alihh.bsky.social•94 days ago

Correction: the robber barons were ultra rich, and 90% or so of everyone else was wearing flour sacks

webrant.bsky.social•94 days ago

Wealth concentration was greatest in the Gilded Age 1890s, which is his objective.

The bottom 40% of Americans owned absolutely nothing and lived in relentless subjugation then.

It's why Czolgosz assassinated McKinley in 1901.

https://bsky.app/profile/daniel2e.bsky.social/post/3lghdlt7yh22o

gpthakkar.bsky.social•94 days ago

When Trump says “we” he doesn’t mean the average person. He means wealthy, white, and male.

moonmayor.bsky.social•94 days ago

That whole period had several depressions before the great depression

fourmiatomique.bsky.social•94 days ago

He's talking about people like himself, robber barons of the gilded age, when corruption was rampant, and «businessmen were useing exploitative practices to amass their wealth."

carostamp.bsky.social•94 days ago

He is such a moron

bradbridgers.bsky.social•94 days ago

“We” is RICH PEOPLE

arronrod.bsky.social•94 days ago

Right? I knew immediately what he meant. Vanderbilt, Rockefeller, etc..

danbongard.bsky.social•94 days ago

Even then it is a dumb thing to say. The rich of that era controlled a larger share of a much smaller economy, but in absolute terms they were poorer than the richest Americans today.

bradbridgers.bsky.social•93 days ago

I mean, everything he says is dumb, so that tracks.

sjordan78.bsky.social•94 days ago

He idolizes the wealth accumulated by Carnegie, Rockefeller, and Morgan. He cannot fathom the living conditions of ordinary Americans from that time.

f4t3.com•94 days ago

Making America equivalent to his dead father's childhood to please the first authority figure that rejected him... Again

murielmcknight.bsky.social•94 days ago

Well to him, "we" refers to the upper-upper class. Like today, less than 10% of the population held 75% of the wealth. Today, the top 10% only hold 2/3rds (66.66%) . . . so technically? He's correct.
For him and his rich friends, that is.

dinerlee.bsky.social•94 days ago

He means the Vanderbilts and Rockefellers. His family was still grubbing around in potato fields, yearning for the day they could immigrate to the US, run a house of prostitution,march with the KKK, and then be barred from returning home because their coward DNA made grandpa dodge military service.

tasha510.bsky.social•94 days ago

He’s so damned ignorant and his minions think he’s a genius.

benbblack.bsky.social•94 days ago

Looking forward to hearing Heather cox Richardson weighing in on this one….

oldskier.bsky.social•94 days ago

Of course it is a lie;
He spouts things he thinks are the truth but doesn't know, or partly true (not this one), or he thinks 'it should be true'...
and he doesn't care when you prove he lied because he will send his lawyers after you...

lynnc1955.bsky.social•94 days ago

He lies with impunity because his followers are too stupid to know he is lying

gless.bsky.social•94 days ago

80dollarguitar.bsky.social•94 days ago

You're confusing who he's referring to. The Astors, the Rockefellers, the Carnegies.

flynavy77.bsky.social•94 days ago

Tariffs as a “percent” of total federal receipts were high centuries ago as the fledgling nation struggled to establish itself.

But tariffs were largely rejected after which total US receipts skyrocketed as shown here.

Trump does not understand anything but how to lie, cheat & spew hate.

lule777.bsky.social•94 days ago

And at that time you could find a prostitute of about any age and, oh almost forgot, there was also slavery

stvspidder.bsky.social•94 days ago

they're really going to attempt to put the US back on the gold standard aren't they?

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