Reply #10: The stock market is irrelevant to the REAL economy.

[AdHocSolver]

The stock market looks good because of the billions in bailout money given to Wall Street. Pumping money into the stock market allows the players to play "musical chairs" with it. It will have NO effect on the REAL economy since none of those billions is going into creating jobs or paying off debt.

Using the bailout billions to buy and sell each others' stocks merely produces "price inflation". This is what we got with Enron during the stock market "boom" of a few years ago. When Wall Street runs out of bailout money to play with, the stock market will collapse.

As I posted in another thread, GDP, just like the stock market, is another phony measure of an economy's health.

The true measures of economic health are jobs and repayable debt. In both cases, the U.S. economy is headed for collapse.