Yep. What is the purchasing power of your accounts today compared to January 19th? That's it. That's what matters. Dollars are just a means to an end. On January 19th, $100 translates to "2 gallons of milk, sack of produce, package of chicken, laundry detergent, bag of coffee, and pound of cheese." Today, you have $110, and it translates to...."2 gallons of milk, sack of produce, package of chicken, laundry detergent, bag of coffee, and pound of cheese"....are you actually any "richer?" Fuck no you're not.
The purchasing power of Americans has at best remained close to stagnant (and that's for Americans who have real money in the stock market...most Americans do NOT have real money in the market. For them, their purchasing power has DECREASED).
But, you know, "winning." The 48% is made up of people who see people they don't like getting hurt on Fox news, which means they MUST be doing better. "Other people hurt" = "I'm winning." It's that fucking lizard-brained.