We're all in the top 5% though. If you talk to blue-collar folks, they will tell you how crazy it is. A family of four can't eat at McDonalds without spending $50. So they aren't eating out at McDonalds. That has a cumulative effect on the economy.
Just seems to me that we have two Americas. One where the "nomenklatura" class is doing well (and yeah, I'm in that category, I won't lie), and the rest of the country. Look at the latest credit card data. Most of the country is NOT, in fact, doing well fiscally.
Excellent. I do feel we are heading toward Sovietness.
We're all in the top 5% though. If you talk to blue-collar folks, they will tell you how crazy it is. A family of four can't eat at McDonalds without spending $50. So they aren't eating out at McDonalds. That has a cumulative effect on the economy.
Just seems to me that we have two Americas. One where the "nomenklatura" class is doing well (and yeah, I'm in that category, I won't lie), and the rest of the country. Look at the latest credit card data. Most of the country is NOT, in fact, doing well fiscally.