Agreed, but this was how they measured Trump being “better on the economy”. With this final proof, there’s no reason for the rich to continue to back him…
This is a curious one. 90% of stocks are owned by the top 10%, so stock going down would lead to less inequality. Yet the top 10% also gets to take out their anger at us.
Edit: and only 50% of American house holds have any retirement savings.
Stocks going up mostly benefits the wealthy. We shouldn’t measure success that way.
Agreed, but this was how they measured Trump being “better on the economy”. With this final proof, there’s no reason for the rich to continue to back him…
On the other hand stocks going down have a habit of affecting the rest of us even more.
This is a curious one. 90% of stocks are owned by the top 10%, so stock going down would lead to less inequality. Yet the top 10% also gets to take out their anger at us.
Edit: and only 50% of American house holds have any retirement savings.
They use falling stock prices a pre text to extract extra money from peasants via the state and the stage enables them.
Most people don’t understand that this is what modern oppression looks like in the developed world. Slowly degrade quality of life over generations.
Parasite got so fat is that now they are attempting to dismantle the US federal government and getting away with it too
Is there any literature on this asymmetry? I thought elasticity was the same in either direction.