Market including jobs of the trumpet ministration are doing we will soon be in record territory all they want to discuss is couvade 90 you know for one side agree mr president lets discuss the u. S. Economy and our friends on wall street in fact just last week the Federal Reserve released its legal latest triennial study into consumer and Household Finances and according to Mint Press News the report found that quote millionaires and billionaires hold a remarkable 79. 2 percent of the United States Household Wealth 2 and then only 11. 9 percent of american households have at least 1000000. 00 in wealth to their name only 11 only 12 percent roughly but but what about wall street us that that magical mystical place that realm of power here in the United States well truth is wall street means. Very little to most americans as a political political reports that the reality is that the wealthiest one percent of americans own 50 percent of the value of stocks held by individual households an
Quarter this year but that was mostly through up through really a lot of direct owners and thats mostly through retirement for a one k. Things like that thats not people out earning money on the stock thats people whose businesses or retirement plans through their businesses put their money or start work youre absolutely correct and today when you have a predominance of the American Workforce that is doing gave economy work that means that they are not only in most cases not full time employees and they dont have benefits they also dont have a 41 k. In existence this is it 203040 years ago where people were looking to that you know part of their retirement plans and there are a lot of folks today who dont know what those retirement plans are going to look like and are dont even have enough money in their savings to consider anything related to retire because the bottom half of all earners only one 3rd thats earners as people with a job actually were lucky enough to have only one 3rd ar
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