The problem is that the major indicators used to determine a good economy are all doing fine. The stock market has jumped tremendously over the last couple of years, even with tariffs, and spending is up.
Granted, most of the spending is thanks to the 1%, and it’s just seven companies propping up the US economy. The working poor and middle class are in a recession and have been since at least 2020.
It’s a house of cards waiting for a passing breeze to blow it all over.
The problem is that the major indicators used to determine a good economy are all doing fine. The stock market has jumped tremendously over the last couple of years, even with tariffs, and spending is up.
Granted, most of the spending is thanks to the 1%, and it’s just seven companies propping up the US economy. The working poor and middle class are in a recession and have been since at least 2020.
It’s a house of cards waiting for a passing breeze to blow it all over.