Much of the confusion on the economic situation is because it is a two tier economy.
People at the top 20% or so are doing great.
Everyone else is struggling.
That means total dollar measures look good—while consumer attitudes (one person one vote) looks bad.
Everyone else is struggling.
That means total dollar measures look good—while consumer attitudes (one person one vote) looks bad.
Correct. It takes a long time for manufacturing investments to show up as jobs with trained personnel. Turning around a ship this big while taking on water (jobs lost to AI) is iffy as things are. The tugs are there, but everybody is taking fire from leftist Federill judges.
Your thinking is sound cgbg. It looks like We have a K-shaped economy, with people at the top doing fine, and people in the working and the middle classes struggling.
People at the top 20% or so are doing great.
Everyone else is struggling.
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Do you have a poll for that? The last I’ve heard is about 50% of people live near paycheck to paycheck depending on upon what left wing rag you read. How do you equate that to reports of mayhem on cruise ships, etc