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Economy: the DOW vs the Wallet [View All]

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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-01-06 02:34 PM
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Economy: the DOW vs the Wallet
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All of this economic "improvement" I think can be summed up this way...

the DOW, after falling has gotten back to where it was 6 years ago...
the Wallet of the average American is as low as it has been in a long time...

That is the difference between the "economy" that the upper parts of the money chain talk about and the rest of us. There are two different economies. The stocks and the wallets. The stocks are finally back to 6 years ago (WOOPIE :sarcasm: ) while people are still out of jobs, getting paid less, having large inflation, getting jobs outsourced, having houses foreclosed, and generally moving from middle to lower class. Meanwhile, the Cheney's with all their money in stocks are moving on up. Especially if they had their money in oil...
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