Sunday, December 6, 2020

A Tale of Two Recoveries

 The recovery has been different depending on who you are. The wealthy have made out handsomely, while the poorer of society have not been treated well. People who are in a position during to purchase stocks and securities have made a lot of money since March, but the poorer amongst the population do not have  the means to own stocks. When you live paycheck to paycheck, you can not really put money into investments.

The stock market rose 4.3 Trillion in November, and the people that were hit hardest by the recession and the pandemic hardly saw any of it. Many people are still struggling, and hopefully congress will pass some sort stimulus bill to help people weather the storm until a vaccine is widely distributed.


https://www.washingtonpost.com/business/2020/12/04/stock-market-stimulus-unemployment-figures/

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