A lot of people at the top don't understand that when rich people say "the economy," they mean a set of metrics determining how much their investments are worth, but when the rest of us say it, we mean the everyday business of exchanging currency for goods and services.
And so when we are complaining about "the economy," we mean the latter one, and so graphs showing us that the former one is doing really well don't actually work as an argument.
I figured out who the stock market represented when I noticed that an announcement that "10,000 workers laid off at ABC Corp" was invariably followed by their stock price going up,.
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The stock market is so disconnected from the reality on the ground, yet people look to it as if it’s the whole economy.