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The gap between Economic Indicators and public feeling [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2023-12-18

Please stop being confused by this. Our economic indices are cherry-picked to indicate the economic health of folks like Mitsoulas, Newsome, and Harris. The reality for the rest of us is fifty years of economic crushing.

Take but one example, the DFA posted by the Fed. Since 1989, the top quintile, aka anyone who can afford a new car, has seen their net worth ballon by twenty-nine trillion dollars. The net worth of all Americans only went up twenty-eight trillion. Where do you think that extra trillion dollars came from? Clue: it is a zero-sum equation.

This is why people like Trump keep winning. Because you all cannot be honest with yourselves.

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