alt Hacker NewsNo, Average Joe (Median Joe) is not a shareholder, asset appreciation is not a meaningful fraction of his income so policies which dump labor to pump capital hurt Average Joe on net by a wide margin. Shareholders are 30/30/30 top 0.1%/1%/10%. You and I may be in those categories, but Average Joe is not.
Where are you getting these numbers? 54.3% of US households held a retirement account in 2022. https://www.federalreserve.gov/publications/files/scf23.pdf