TACO in 3, 2, 1...
this post was submitted on 23 Feb 2026
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"Stock market surges on news..."
"Stock market tumbles due to..."
"The Dow is over 9,000"
It doesn't matter when it's up. It doesn't matter when it's down. Imagine if media started reporting on the wellbeing of actual individuals instead of the fake money wheel.
The stock market will continue to have very little bearing on the lives of average citizens. Tariffs killing small businesses? Let's see those stories.
Absolutely.
This is just "here's how the boomers' portfolios are doing, and also those pension plans that are totally going to be there when you retire, for reals."
Except it does matter, even if you don't like it.
If the stock market falls a lot, people with money don't want to invest it. (Paradoxically, that's when you should invest...) If investment dries up, big businesses can't spend that investment on projects, so they don't contract with smaller businesses to help do them. Those smaller businesses have lower turnover and less work so make redundancies. Those redundancies are ordinary people who now don't have a job.
Do you think it doesn't matter that people lose jobs, and struggle to find new ones? It was a line from the Big Short which brought it home to me: 40,000 people die when unemployment goes up 1%. (The actual figure is apparently a little less but the point is unaffected). About 1000 of those are suicides.
The stock market taking a little dip isn't a recession, but I think anti-capitalists are ridiculously naive about the seriousness of "the economy" and the role the stock market plays in it.
Wish it weren't so by all means, but don't mistake wishes for reality. The difference is life and death.
I said on Friday that Trump probably timed his announcement, which was right at 4:30PM New York time, so it came after the NYSE closed to end the week high. Nobody looked at the comment...
So what does his pet Attorney General have to say about the Dow now?
Dam that sucks, but whats happening with those files orange boi
Dohw
Stock Photo of Trump pissing in his Depends.
I really should have bought SPY puts as soon as that ruling came out.