Brandon: Hold muh, beer. I can make 'em cheaper. Not a joke.
His press secretary said the stock market just isn’t something they pay attention to.
You know who does pay attention to the stock market? Labor union pension plans. The public employee pension plans have the politicians raise state taxes on people that will never be able to retire as comfortably as public employees.
Then there are bailouts. Remember 2008 Obama saved the UAW unionized employees pension but the managers were SOL.
President Trump wanted to fix this injustice but I don’t know if he did.
“Democrats saved union pensions after Hoffa’s long campaign
Biden’s American Rescue Plan Act provides $83 billion to prevent deep cuts to pension benefits. Here’s how the Teamsters quietly maneuvered taxpayer aid to union retirees.”
Of course second class citizens that only have 401Ks are SOL.