This chump assumes everyone is working and the economy is doing fine. News flash: There are many who are barely keeping their heads above water. It’s not necessarily that they squandered their paychecks on luxury yachts. For many, by the time they pay for food, medicine and other basic necessities, there isn’t any money left over to save or invest. Has this guy been in.a supermarket lately?
The tale of American wealth has always been exaggerated but it has never been more exaggerated than recently. I was born in ‘44 and we were surrounded by family farms back then. The typical small farmer in our area then who described himself and family as “po folks” owned from forty to a hundred and sixty acres, a house, livestock, barns and equipment, had little or no debt and some money in the bank. Most heated their houses with wood cut from their own land and ate mostly what they grew. Going six months with no income would not have caused them to lose their homes or go hungry. No one wanted to ever ask for help from government or others. Compare that to today. People now have toys that were undreamed of then but are far worse off as far as economic security. Where people used to have a big pantry full of home canned vegetables and salt cured hams hanging up and ate wild game in the winter and fish from streams or ponds all year many don’t have enough on hand now to eat for two days.