Heard on the radio the other day that retailers are expecting a booming Christmas season since the economy is doing SO WELL!
I just shook my head at the blatant propaganda.
there is a crisis in the auto industry as lots are filled with so many hyper-priced unsold cars and trucks that dealers won’t even let you go for a test ride if it requires moving 10 or 12 cars out of the way (they have cars parked in the driveways, aisles at many lots).
Almost nobody can afford cars that are priced three or four times more than where the buyer’s end of the market is.
As long as folks don’t reach their credit card limits the economy is booming...lol.
The larger than ever wealthy and upper middle classes are doing well, and they do the bulk of discretionary spending. The shrunken middle-middle class is suffering from inflation, but it's smaller than before, some of its members have moved upward, others downward. The working class is not doing well, and as for goof-off class, I don't care how they are doing, they are net receivers of govt largess.