And given that, by definition, shares are owned by the wealthy it would be superficially easy to say that Trump has already rewarded the traditional wealth base the Republicans seek top appease.
“Households directly own 38 percent of the US equity market,” he wrote. “However, the total effective household ownership is closer to 80 percent when combined with indirect ownership in the form of mutual funds (20 percent), pension funds (16 percent), and insurance policy holdings (7 percent).”
Rich people do generally get their stock market exposure through mutual funds, pensions and insurance policies, don’t they?
Yes, idiot is idiot.