For most people, the wind-down of the COVID welfare state has hurt more than the genuinely good employment economy and increasing real wage incomes have helped. Improved household balance sheets are mostly in rising home and used car values, wealth nonrich families can't actually tap, since they need their one home and one-to-two cars.
See #MattBruenig https://www.peoplespolicyproject.org/2023/11/20/how-has-wealth-changed-under-biden/
Steve Randy Waldman /
npub1tr…k50gh
2023-11-21 03:41:17
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2023-11-21 03:41:17Event JSON
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