“what the real story in this is how everybody is losing household net worth, how everybody is getting poorer”
They are going to start over, with education and career opportunities doled out by government decree according to demographics. The affirmative-action handouts of diplomas, degrees, government contracts and jobs didn’t work, so they’re starting over. Part of starting off life on third base (besides having parents that care enough to read books to you as a child) is the idea that ANY wealth can be passed down from one generation to the next (in their crazy minds, all inherited wealth stems from slavery over 150 years ago).
Young whites today are in for a rough ride.
“My point here is the US consumer hasn’t lost the will to shop. The US consumer has less money to shop with is the point.
bingo.
America needs to rebuild.
Right here.
Bring back businesses from China.
“...the economy is tanking...”
Don’t worry, Mrs. Clinton will fix it.
/s/
IMHO
“...the economy is tanking...”
Don’t worry, Mrs. Clinton will fix it.
/s/
IMHO