
When media and government say "the economy," they are generally referring to the wallets of the wealthy. When the economy is booming -- using the stock market's leading index, the Dow Jones Industrial Average, as a bellwether -- then corprate executives, lobbyists, bank owners, oil tycoons and their friends are gorging themselves at the trough.
Meanwhile, wages for working men and women -- after being adjusted for inflation -- are falling. As usual, the average person has to struggle to make ends meet. The market's rise is no reason for us to celebrate.
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