America’s economy is booming, with the stock market up 15% over the last six months and 24% in the last year. Yet much of the country doesn’t feel any richer, thanks to a host of underlying complications, including stagnating home values, flat wages, high interest rates and stubborn inflation. The man many people blame for those issues, rightly or wrongly, is affected by them too. Take a look inside Joe Biden's net worth: https://trib.al/OifBUHf
Everyday people and low income seniors are hurting terribly unable to afford food while our gov is concerned about immigrants. Hire everyday graduates of all ages so they can pay off school debt or hold universities responsible for hiring their graduates, or helping them find gainful employment for paying back their school loans. Graduates worked very hard for many years and did not take on great debt for a piece of paper that left them unemployed or underemployed. Sports get full scholarships many have very low GPAs while academics with high GPAs get zero scholarships and go into great debt. Hold universities accountable or forgive loans for those without gainful employment.
Great insight! It's important to keep in mind the underlying economic complications that affect people's everyday lives. Thank you for shedding light on this, Forbes.
While the stock market soars, many Americans still struggle with economic challenges. Real prosperity means addressing these issues, not just celebrating market gains.
Because the investors making money with the Tech100-500… not the Americans… that’s why they don’t feel any richer… because investers are from all over the World… less Amerricans…
You go Joe fair fight ; 7 trillion missed after trump tax plan 60 republicans voted for it . I say let’s use the Supreme court wisely let’s put them on the stand at 1 million a piece and closed session and have them explain what they read ; then have 5 economists panel tell us if they are Symantecly computational and worthy of the job ?
About $10 million - in case the pay wall stopped you
Things are terrible and yet we just set a travel record over the weekend. I think that too many people are hearing about how bad it is when in fact they are enjoying the job market salary increases.
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1wDespite the U.S. stock market's impressive rise (up 14.48% in the last six months and 15.91% over the past year), many Americans don't feel richer. The Dollar Milkshake Theory explains this disconnect: global capital inflows strengthen the dollar, boosting the stock market but also contributing to higher interest rates, inflation, and stagnant wages at home. This dynamic creates financial strain for many, overshadowing market gains. #Finance #Economy #StockMarket #DollarMilkshakeTheory #Inflation #InterestRates #JustinTuckerInvests