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The economy is thriving under Biden. So why don’t Americans believe it?
(www.dailykos.com)
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this post was submitted on 23 May 2024
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politics
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I really don't like that the sources on this article are missing.
Fine and dandy, except that half of Americans don't have a retirement account. Or 47% of Americans.
So while retirement indexes are up, 1:2 people are not going to see that.
Good to see the brakes are working. But just remember that not everyone goes out to by a car or house on a twice-a-week basis. But everyone does with the grocery store. Which in Biden's defense, he has started trying to pull back.
Though effort =/= job done.
Surely there are some numbers we could look at every day besides the stock market numbers. Like couldn't we have Real Income and/or Purchasing Power right next to the DOW and the S&P? Or how about instead of the Dow and S&P since, like you said - most Americans lives don't change by the changes in the stock market.