Late last year, the U.S. economy experienced a surprising decoupling. As stocks boomed, the wealthy bounced back.
Isn't this completely predictable? When the government invests hundreds of billions of dollars into the market, by way of dumping money into the financial and automobile industries, and that money's source is loans backed by the people-at-large, then of course this is happening.
The government is transferring money from the taxpayers to those invested in the capital markets. Anybody who believes that the government (not just the GOP but the Democrats as well) is working for the little guy, is a sucker.
Isn't this completely predictable? When the government invests hundreds of billions of dollars into the market, by way of dumping money into the financial and automobile industries, and that money's source is loans backed by the people-at-large, then of course this is happening.
The government is transferring money from the taxpayers to those invested in the capital markets. Anybody who believes that the government (not just the GOP but the Democrats as well) is working for the little guy, is a sucker.