Pundits who cite the stock market as the primary indicator of U.S. economic performance are blissfully unaware of their analysis' elitism, and it's extremely annoying. Only 55% of Americans own stock. 84% of stock owned by Americans is owned by the wealthiest 10%.
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Impeachment is primary
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Dow30k is Primary.
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Unemployment rate isn’t the best indicator because it doesn’t include people who have given up looking, or that people have to work 2 jobs to make ends meet. One of many, many more necessary indicators
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Actually it does. The 3.6% number doesn't but workforce participation and wage growth do.
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Scott - I would have to disagree. For many Americans, the stock market is primary due to their 401(k)'s and or pensions. And unemployment and debt are next. Just my take.
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That's a different "primary." What I mean is that getting unemployment right usually predicts everything else working out over time.
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Which is terrible, because it's not considering individuals working 2-3 jobs
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Sound about right.
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The figures conservatives brag about aren’t nearly what the UNDERemployment rate is though. The gig economy is killing this country.
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Jobs are so plentiful we need two or three of them just to survive these days! Unemployment rates no longer drive wages up & wages determine our standards of living for most of us not stocks.
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