Comments by "Daily Wire Third Stringer" (@DailyWireThirdStringer) on "America’s great white outdoors" video.
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@dabblerdeluxe775 The stock market is a reflection of the broader economy insofar as it gives an estimate as to how much consumers are spending and how much confidence investors have in the future of the market. That has real-world implications, such as stagflation and recessions. The major corporations that make up the NYSE, to give one example, employ a large portion of America's workforce. If they aren't performing well financially, thousands or millions of American jobs may be at risk. Purchasing power is increasingly becoming a problem as inflation rises, that is true. But that has been happening for decades now, and there is still plenty of time for the Fed and Congress to address it. The solution is obviously not to print more money or bring everything under the public domain. What we'll see going forward is many of the low-income jobs being replaced by machines (automation), and simultaneously more white-collar positions (such as computer programming) will grow in demand. Eventually, if thing continue to play out, we'll need some kind of UBI to keep the economy running. Right now though we're still a long ways off from that being a primary concern. Our focus should be on preparing people to enter the workforce through training and education. A skilled laborer or professional is much more preferable than someone who needs to work three low-income jobs to make ends meet. But they need to put in the effort too. Again, it comes down to personal responsibility.
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