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Tell that to Acme supermarket workers who are seeing their pay slashed because their employers are preparing for an IPO [0]. The stock market is not the economy
by dfxm12 6y ago
Tell that to Acme supermarket workers who are seeing their pay slashed because their employers are preparing for an IPO [0]. The stock market is not the economy. It's a part of it that has little baring on your average American [1]. As such, it should not be such a high priority in this case to prop up the stock market.
0 - https://www.inquirer.com/news/albertsons-acme-ipo-lubert-20200619.html https://www.inquirer.com/news/albertsons-acme-ipo-lubert-202...
1 - https://www.cheatsheet.com/money-career/why-a-booming-stock-market-does-nothing-for-the-average-american.html/ https://www.cheatsheet.com/money-career/why-a-booming-stock-...