Insurance policy payout...Cue the Con, 'how can you impeach an economy this good'

[pbmus]

Link to tweet

[at140]

1. Economy is OK, but stocks are on steroids!

At today's closing, stocks are more OVER-VALUED than at the peak before 1929 crash which was the start of depression,
based on Price Earnings ratio based on average inflation-adjusted earnings from the previous 10 years.

[BigmanPigman]

2. Good info, thanks!

[Ohiogal]

3. I don't know, Donnie.

Why don’t you ask the people who worked for GM in Ohio?

[at140]

4. To be fair, ours is a capitalist system

and it will always have winners and losers. The only way to measure success is overall statistics,
and that looks good at this juncture.

[Ohiogal]

5. But,

Income inequality in the USA is greater than just about any other country in the world. We have a few winners and lots of losers.

[at140]

7. Yes, that really stinks!

My only point was GM workers losing jobs in Ohio does not mean the overall economy has failed.
Income inequality I can live with if every one was contributing their fair share.
But they are not. 80% of Trump tax cut money went to the top 10%. That is hardly fair.

[Wellstone ruled]

6. Honestly,

if you pull out the so called Fang Stocks,all the Averages look like crap.