Sidechat logo
Download TikTok Instagram X
Sidechat icon
Join communities on Sidechat Download
US Politics icon
US Politics 2d
15 upvotes, 6 comments. Sidechat image post by Anonymous in US Politics.
comment

6
upvote 15 downvote
default user profile icon
Anonymous 2d

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
default user profile icon
Anonymous 2d

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

upvote 4 downvote
default user profile icon
Anonymous replying to -> #2 2d

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)

upvote 1 downvote
default user profile icon
Anonymous replying to -> #1 2d
post
upvote 1 downvote
default user profile icon
Anonymous replying to -> #2 2d

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

upvote 1 downvote
default user profile icon
Anonymous replying to -> OP 2d

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