I don't look for reasons to blame Trump but this blind allegiance some have to him is pathetic. I'm not even blaming him now. Just saying anecdotally the economy seems flat at best. In recession at worst.
I expect this was inevitable because of the Covid policies including FED policies but that's just a gut reaction and I don't care to try and argue about it.
With a 😏 I always like to tell my Trump loving friends that "I'm not tired of winning" yet.
the last graph blew me away: top 10 percent of earners account for half of consumer spending
Yeah, this feels like the trendline that would lead up to a peasant revolt.
Why has the ratio gone up since 1995?
from 36% to 48%
Edit:
The 2 trendlines intersected in 2008 then the financial crisis hit?
This is a worrisome trend. I'm not big into the whole wealth inequality issue but this seems out of line.
And then the "recovery" appears to have only been for high earners.
This should surprise no one.
I don't look for reasons to blame Trump but this blind allegiance some have to him is pathetic. I'm not even blaming him now. Just saying anecdotally the economy seems flat at best. In recession at worst.
I expect this was inevitable because of the Covid policies including FED policies but that's just a gut reaction and I don't care to try and argue about it.
With a 😏 I always like to tell my Trump loving friends that "I'm not tired of winning" yet.