With news today that the stock market is down, and MAGAs capitalizing on it to allege the Biden economy is bad, your PSA that the stock market is not the economy. The top 10% own 93% of stocks in America.
Meanwhile, 78% of Americans live paycheck to paycheck, 27% of Americans are house poor, & USA has the worst wealth & income inequality in developed nations.
Stop letting stocks be a measure of economic health & start demanding economic justice for all people in this country.
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@QasimRashid Stocks are in fact an excellent measure of economic health. In fact the correlation between mean income, GDP, and the stock market (when indexed correctly) is very very tightly correlated.
