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Same old playbook. He did the same thing before.
If my math is right, the Dow was 30,000 shortly after Biden was elected and Trump took credit for it and now it’s 38,000, over a 21% increase in just over 3 years. That’s huge, especially with taming of inflation.
So that translates to a 21% increase for the people right?
Stock markets and GDP are so detached from what people go through these days that I wonder why anyone gives a shit if they go up.
The average (and median) US citizen does have 401k savings that track with market performance. It's a flawed metric, but far from useless either.
Bout to sew my kid's shoes back together right now. I guess those dudes in suits are doing pretty good though.
Frankly people should repair their shit more often IMO, mind you in highschool I stubornly maintained my boots with duck tape.
Quack!
Yeah a lot of people don't realize that it's duct tape.
No. Not even close. In the past 3 years my 401k has gone up literally over 100%
I’ve got about half my 401k in sp500, as well as a few grand independently in an sp500 index.