baggachipz@sh.itjust.works to Political Memes@lemmy.world · 1 year agoIt's the economy, stupidsh.itjust.worksexternal-linkmessage-square12fedilinkarrow-up1194arrow-down116
arrow-up1178arrow-down1external-linkIt's the economy, stupidsh.itjust.worksbaggachipz@sh.itjust.works to Political Memes@lemmy.world · 1 year agomessage-square12fedilink
minus-squareTheRealCharlesEames@lemm.eelinkfedilinkEnglisharrow-up70arrow-down2·edit-25 months agodeleted by creator
minus-squareWhatAmLemmy@lemmy.worldlinkfedilinkEnglisharrow-up36arrow-down5·edit-21 year agoIt’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.
minus-squareZess@lemmy.worldlinkfedilinkarrow-up5·1 year agoBut it is what they mean when they say the “economy” is doing well.
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It’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.
But it is what they mean when they say the “economy” is doing well.