Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.
That’s because (yes, others here beat me to it) – the economy is not the stock market. People’s costs of living and wages aren’t getting better, they’re getting worse, even as giant corps have record profits and that is reflected on the stock tickers. If the average person was heavily invested early on in some of these corporate behemoths and could actually share in the rapacious profits, maybe things would be different… but that’s not the case.
a society with an economic underpinning that meaingfully lifts all boats with a rising tide?! that… would be un-american! gotta have winners and loosers to feed that zero-sum game they love so much.
That’s because (yes, others here beat me to it) – the economy is not the stock market. People’s costs of living and wages aren’t getting better, they’re getting worse, even as giant corps have record profits and that is reflected on the stock tickers. If the average person was heavily invested early on in some of these corporate behemoths and could actually share in the rapacious profits, maybe things would be different… but that’s not the case.
Woah now!
That’s starting to sound like Socialism and having public ownership
a society with an economic underpinning that meaingfully lifts all boats with a rising tide?! that… would be un-american! gotta have winners and loosers to feed that zero-sum game they love so much.
and dont even MENTION the Norwegian Sovereign Wealth Fund!
Neoliberal heads would explode left and right!
If you need losers in order to have winners, we should all be doing really well right now thanks to Trump.