We will all sleep better knowing the rich just got richer and the middle class will shrink just a little more.
Got a book of the autobiography by Henry Ford. Opened the book up to wages and read a few lines. I will not quote what he said, but his business theory goes against what we are told today. One line essentially said in not so few or many words, but "Cutting wages only lowers the buying power in your home market".
The dow goes up, the job wages go down, and we will all loose. What a bright future we have.
Go stock market!
Tom