I’m not sure it will be a couple of decades. First of all, she’s absolutely LYING about the unemployment. They spinning it one way or another but the middle class has been gutted. I still say the unemployment is a lie. Just because they find 4.8% or whatever recently out of work, month after month after month, etc. When those people are out of work for 2 years, they won’t be remembered.
It was actually 2009 (Spring) when the Dow hit 62xx. Gas was much, much cheaper as nobody was buying it apparently. It was about 1/3 less retail in my area.
Now, admittedly, for some folks, YMMV. Some folks have had relatively-stable employment the past few years. Especially fedgov employees.
Guess we’ll see how long this thing is gonna last. The stock market has a lot of folks feeling good.
And yes, I do think it’s all been built on the back of public indebtedness as you mentioned.
s/b They ARE spinning it