Sorry, I'm not buying this stuff at all. Something is continuing to drive up greatly increased travel, educational and housing costs. Almost everyone I know is doing much, much better and living at a higher standard then their parents ever imagined.
If it bleeds it leads. The MSM is incapable of delivering good news, however accurate it might be.
You've got it right. But reporters aren't interested in boring old prosperity.
"Something is continuing to drive up greatly increased travel, educational and housing costs."
Foreign purchase of American assets, and everyone cashing-out their equity. That's the only thing propping up globalism. America will be a foreign-owned subsidiary soon.
I think the reality of most people living better than before has a lot more to do with huge debt than actually doing better. I know many people that right now are about one month's pay away from total ruin, and I don't think people used to live that way - my parents certainly didn't.
Everything looks good on the outside but if you were to examine it closely, you'd find a virtual house of cards.