Tuesday, August 8, 2017
Trump's economic boom myth
In today's (6/21/2017) editorial cartoon, The Indianapolis Star's Gary Varvel depicts Donald Trump riding a rampaging bull as it jumps over the moon. I guess we're meant to give thanks to Trump for the Dow's record-setting pace. The only problem is that the majority of Americans are not invested in the stock market. As of a few years ago, the top 20% of Americans owned 92% of the stocks leaving just 8% for the remaining 80%. And Varvel wants those 80% to be thankful for Trump? Is Mr. Varvel unaware of the wealth inequality gap or does he just not care? Either way, his cartoon is a slap in the face to the majority of hardworking Americans.
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