Before getting to the POTUS tweet in question, here’s just a quick reminder that well over half of Americans have money invested in the stock market:
Gallup finds 58% of Americans reporting that they own stock, based on its April Economy and Personal Finance survey. This is slightly higher than the 56% measured in 2021 and 55% measured in 2020 but is not a statistically meaningful increase.
Stock ownership was more common from 2001 to 2008 when an average 62% of U.S. adults said they owned stock — but it fell after the 2007-2009 recession and has not fully rebounded.
Gallup’s measure of consumer stock ownership is based on a question asking respondents about any individual stocks they may own, as well as stocks included in a mutual fund or retirement savings account, like a 401(k) or IRA.
Now, right on cue, President Biden and whoever runs the POTUS account are coming along to “help” us again and appear set on making it easier for every to keep loving paycheck to paycheck:
I'm building an economy for families that rely on their paychecks, not their stock portfolios, to put food on the table.
— President Biden (@POTUS) January 26, 2023
Really? Gee, thanks Joe!
Live paycheck to paycheck! Not with silly things like savings. https://t.co/KpllurVMJE
— Renna (@RennaW) January 27, 2023
Recommended
So you want people dependent and living paycheck to paycheck without growing their own wealth or being able to retire. Understood.
— Brittany Hughes (@RealBrittHughes) January 26, 2023
And the Biden White House wonders why we don’t thank them enough.
What exactly can they afford in this economy? Half a dozen eggs?
— Tim Young (@TimRunsHisMouth) January 27, 2023
Whoa there. Half a dozen eggs? We’re not all millionaires.
— Craig Chamberlin (@CraigChamberlin) January 27, 2023
Read this. 👇 They’re creating a new peasant class. https://t.co/2DnIB4t28f
— Pfizer Directed Evolution Swan (@TheWuhanClan) January 27, 2023
Cradle-to-grave government dependency is a feature not a bug for Democrats like those in the Biden administration.
What a sad commentary that is.
Just enough to put food on the table and not a penny more. https://t.co/NiRUPB2nt4
— LincolnHillsFrau (@bayareahausfrau) January 27, 2023
Heaven forbid you also have a “stock portfolio” to retire on.
Youre building the next great depression. https://t.co/GWqRyrG7uS
— Harold Finch (@HaroldWren11) January 27, 2023
“Build Back Better” is going just great.
Only thing Joe Biden is building for U.S. citizens is Credit Card Debit. !#TrumpWasRightAboutEverything https://t.co/BIgRbthda0 pic.twitter.com/gI17k7jW27
— Chief Medical Officer: #Starfleet (@patricia_kooy) January 27, 2023
It’s too bad we can’t harness the power of all the gaslighting that comes from the Biden White House. America’s energy needs would be met for generations.
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Related:
John Kirby tells Peter Doocy that Biden eventually self-reported the classified docs so all is well
Biden has ‘no intention of letting Republicans wreck the economy’ (and the jokes write themselves)
Don’t let Joe Biden get away with blaming House Republicans for mess his admin made with the SPR
