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Grim Affiliations
Styxhexenhammer666
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "The DOW Hits 40,000, as the Rich Get Richer Under Bidenomics" video.
yall have no idea what hyperinflation is
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our economy is far from collapsing lol
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Groceries cost less as a share of income than they did in 2019 according to the CBO. And the stock market matters a lot since most retirement accounts are linked to it
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@mghegotagun stocks aren't a great indicator of the health of the economy, but the economy outside of stocks is very good as well by all major indications. Wages are outpacing inflation, growth is strong, unemployment is sub 4% and net worths are increasing
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@mghegotagun Wages compound too, and they've been well above inflation for a year now. Prime age labor participation is at record highest. Labor force participation alone doesn't account for old people aging out of the work force. You're right, the economy isn't good, it's very good and the envy of the developed world. Biden plugged the hole that was created by the previous administration, he inherited an economy in the toilet. Don't forget under whose administration the money supply started to explode
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@SunwardRanger83 plenty of great things happening outside the stock market
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That's actually impressive. An economy our size growing that much in real terms in an expansion is great
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@SunwardRanger83 no
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@SunwardRanger83 no to the trolling
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we wont crash as long as the government continues to support private sector balance sheets with deficit spending. Crashes tend to happen when the govenrment tries to "balance the budget"
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@robertsmith4681 lol why would the government fail to make a payment due in its own currency?
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3.4% inflation aint insane lol and most od that is just rent
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lol no
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infrastructure is finally being addressed, people can afford to eat, and boeng being a lousy company wont cause bad times ahead
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source?
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not according to the numbers
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stock market isn't the economy, but they economy outside stocks is very strong too
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healthy wage growth affects those things
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