The economy has been great only for large equity owners whose stock ownership benefited from the trillions of dollars the Fed poured into financial markets and from buy-backs by corporations of their own stocks.

I have pointed out for years that the jobs reports are fabrications and that the jobs that do exist are lowly paid domestic service jobs such as waitresses and bartenders and health care and social assistance.  What has kept the American economy going is the expansion of consumer debt, not higher pay from higher productivity. The reported low unemployment rate is obtained by not counting discouraged workers who have given up on finding a job.

Do you remember all the corporate money that the Trump tax cut was supposed to bring back to America for investment?  It was all BS.  Yesterday I read reports that Apple is losing its trillion dollar market valuation because Apple is using its profits to buy back its own stock.  In other words, the demand for Apple's products does not justify more investment. Therefore, the best use of the profit is to repurchase the equity shares, thus shrinking Apple's capitalization. The great economy does not include expanding demand for Apple's products.

I read also of endless store and mall closings, losses falsely attributed to online purchasing, which only accounts for a small percentage of sales.