Dow Jones Worse Off Then When Trump Was Sworn In

Look I understand this isn't all his fault, but still it is a fact.

In my opinion the world will greatly change from what it was once before after this pandemic. In the 50's and 60's we were flying high. Jobs and salaries were good. Slowly over time the gap between the middle class and the wealthy steadily increased. I find it hard to believe with all that's happened globally it won't worsen. Here's a couple of thoughts..

I've always believed it is better policy to create an economy where wealth trickles up not down. In other words if the main wealth were in the hands of consumers they would create greater demand for products. Thus creating more jobs to produce things. At the same time generating greater profits for corporations thus growth of the GDP. Instead it appears companies are going to get the lion's share of bailout while the average smuck will end up taking it on the chin.

It seems to me the best way to get the economy back on it's feet (companies) long term is by doing what capitalism does best... responding to demand. Not the other way around. In essence handing out government welfare checks (taxpayers money) to big corporations in the hopes some of it will trickle down. It never does so effectively because it's only a short term solution. For one thing people pay most of the taxes. Meaning more revenue then the government would ordinarily get from many of the corporations that pay little to no taxes at all.

In other words I see this as another form of the redistribution of wealth.. but not in a good way.