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US Politics 20h
15 upvotes, 6 comments. Yik Yak image post by Anonymous in US Politics.
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6
upvote 15 downvote
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Anonymous 20h

I’m sure your average person thinks the economy makes living standards go up but the people with the majority of the money legitimately only care about hoarding money, trickle down economics is a long debunked theory

upvote 7 downvote
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Anonymous 20h

the problem is people have different definitions of the “population” whose living standards they care about

upvote 4 downvote
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Anonymous replying to -> #2 20h

if your population of interest is a certain demographic range the stock market is v important to living standards (eg investment accounts) if your population of interest is a different demographic the stock market is not all that important to living standards (affordability of basic needs)

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Anonymous replying to -> #1 19h
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Anonymous replying to -> #2 19h

The stock market isn’t the economy, but it does impact you more than you probably think.

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Anonymous replying to -> OP 17h

it is not the economy but it is something politicians use as a barometer for economic health, and often point to when people are struggling to afford basic necessities in order to say “no we’re doing well actually”. that’s the kind of thing that the people who say “people matter more” are referring to

upvote 1 downvote