I point this out a lot because it bothers me but another quick reminder that our government has been spending 120 billion dollars each month in order to ensure the stock market and housing market continues to go up during Covid using Quantitative Easing. This means our government has spent over 2 trillion dollars to make sure the wealthy continue to increase their wealth during Covid.
The wealthiest 10% of Americans now own a record 89% of all U.S. stocks
This has increased the 'wealth gap' between the rich and everybody else which is bad for our country. I could go on about corporate bail outs and corporate buybacks and how the very people in charge of Quantitative Easing used their insider information to make hundreds of millions of dollars off of the 90% of people who own 11% of stocks but it gets kinda boring which is the only reason I can think of that 24 news channels don't ever bring up that we have been bailing out the wealthy without a single discussion yet everyday Biden is meeting with some Congressman/woman about trying to pass his human infrastructure thing.
I find it disingenuous and that bugs me is all.