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This. Consumption is up, savings rates are down. Core inputs into the economy are too expensive like meat and gas.

It’s only rosy in the aggregate and then maybe for areas overlooked and for the wealthy.

It can’t stay like this forever. Something will have to give. The rest of the working class folks and lower will not put up with being lied to all day long, well maybe if they voted Trump it won’t matter. Nvm nothing to see here. No minds ever change.

 help



Savings rate is a tough thing to argue about because assets are up. People aren't motivated to save. They feel rich as it is.

Wages aren’t rising, jobs are harder to get it goes on and on.

Perhaps because wages and jobs are becoming less relevant to overall success of economy and the society.

The success of our economy is increasing becoming disconnected from the success of the average American.

Yes that is a fair assessment. What are the downsides of it? More political idiocy, sure, that is a real one, as long as an average American can vote. Any other ones?

It doesn't mean some freemasons are grabbing all cash, or oligarchs. Most of the new wealth goes to "normal" rich and upper middle class. All of the top 10% are raking in big.


Pretty sure it's the 1% and 0.1% that are gaining the most new wealth and it just decreases down from there the less wealth you have.

tell me you have valuable RSUs / options without telling me you have valuable RSUs / options...

that or you're a very highly compensated tech worker (congrats btw, no shade, legit congrats) that is also a real estate speculator...




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