IseWolf22 said:
caryking said:
IseWolf22 said:
caryking said:
Werewolf said:

Even said by the economist of the left. Good find…
Reich is a hack and not an Economist.
But it's really funny to see y'all parroting leftist drivel and pretending to be conservatives
Isle, I know who Reich is (I called him a leftest above); however, his numbers are close, in not actual, fact. That is the problem we have in this country. To much easy and new money has gone to the wealthy that's killed the middle class.
So, yes, I agree that Reich is a hack; however, let's discuss the data…
The stock market is a proxy for expected future economic productivity. It's the best early signal for how proposed policies will affect the economy long term. It's not a perfect measure but it reflects the sentiment of investors and business.
Denying the stock market matters has long been a talking point on the left. Trump was literally campaigning on how the stock market would be so much better under him right up until election day. He embraced it as a perfect measure right until the narrative changed.
I'm minimally in the stock market. I haven't cared about the market in 25 years. None of it makes any sense, to me. Too much fluctuation and the idea of shorting the market keeps me out.
Now, your post was an attempt at educating me; rather, you didn't comment on the data in Reich's post. I'm starting to see data, other than Reich's that supports his sentiment. In fact, if you listen to Trump, outside of the normal media talking points, his whole premise is based on this wealth gap.
The question is: how did we get here?