Jack Welch and his acolytes on Wall Street, with the assistance of the Republican Party, succeeded in gutting the middle class years ago as they cut massive holes in the social safety net.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

You are incredibly out of touch

No I’m really not. I’m perfectly aware of who is struggling right now. It’s not the middle class. It’s the working class.

Middle class folks earn about 30,000 to 90,000 yearly. They don't typically live in homes that gain 150,000 equity in one year. No way.

Obviously there are regional differences to account for.

Obviously🙂

Anonymous wrote:Americans made choices. They chose to buy large, less fuel efficient vehicles. They chose to buy homes requiring a long commute. They chose not to install solar. They chose to live on cheap credit and counted on the stock market and home equity bubbles never bursting. The chickens are coming home to roost and there’s not a damn thing any elected official can do about it.

This is kind of heartless and an oversimplification of the situation, but there's a kernel of truth here. I've noticed that the people whining the loudest about gas prices are the same people who drive lifted F150s and 1500s that have never seen a worksite, and the same people who bought houses 30 minutes away from the nearest Walmart.

Ironically, they're also the same people who would jump down the throats of women who want abortions or struggling single parents and lecture them about taking responsibility for their choices.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

You are incredibly out of touch

No I’m really not. I’m perfectly aware of who is struggling right now. It’s not the middle class. It’s the working class.

Middle class folks earn about 30,000 to 90,000 yearly. They don't typically live in homes that gain 150,000 equity in one year. No way.

Obviously there are regional differences to account for.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

Im very happy for you, but true middle class workers don't have homes that gain 150,000 equity in one year.

Yeah they do. You’re not talking about the middle class. Anyway, here is the thing I saw. Fascinating. People feel that they are personally okay, but perceive that others are worse off. The truth is that people that are struggling today were struggling before. And we haven’t done anything to help them because Manchin killed BBb

https://www.axios.com/2022/06/07/economic-data-america-housing-jobs-inflation

YOU aren't talking about the middle class.

Your feelings aren’t data driven.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

Im very happy for you, but true middle class workers don't have homes that gain 150,000 equity in one year.

Yeah they do. You’re not talking about the middle class. Anyway, here is the thing I saw. Fascinating. People feel that they are personally okay, but perceive that others are worse off. The truth is that people that are struggling today were struggling before. And we haven’t done anything to help them because Manchin killed BBb

https://www.axios.com/2022/06/07/economic-data-america-housing-jobs-inflation

YOU aren't talking about the middle class.

Well if you say so.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

You are incredibly out of touch

No I’m really not. I’m perfectly aware of who is struggling right now. It’s not the middle class. It’s the working class.

Middle class folks earn about 30,000 to 90,000 yearly. They don't typically live in homes that gain 150,000 equity in one year. No way.

Americans made choices. They chose to buy large, less fuel efficient vehicles. They chose to buy homes requiring a long commute. They chose not to install solar. They chose to live on cheap credit and counted on the stock market and home equity bubbles never bursting. The chickens are coming home to roost and there’s not a damn thing any elected official can do about it.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

Im very happy for you, but true middle class workers don't have homes that gain 150,000 equity in one year.

Yeah they do. You’re not talking about the middle class. Anyway, here is the thing I saw. Fascinating. People feel that they are personally okay, but perceive that others are worse off. The truth is that people that are struggling today were struggling before. And we haven’t done anything to help them because Manchin killed BBb

https://www.axios.com/2022/06/07/economic-data-america-housing-jobs-inflation

YOU aren't talking about the middle class.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

You are incredibly out of touch

No I’m really not. I’m perfectly aware of who is struggling right now. It’s not the middle class. It’s the working class.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

Im very happy for you, but true middle class workers don't have homes that gain 150,000 equity in one year.

Yeah they do. You’re not talking about the middle class. Anyway, here is the thing I saw. Fascinating. People feel that they are personally okay, but perceive that others are worse off. The truth is that people that are struggling today were struggling before. And we haven’t done anything to help them because Manchin killed BBb

https://www.axios.com/2022/06/07/economic-data-america-housing-jobs-inflation

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

You are incredibly out of touch

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.

Im very happy for you, but true middle class workers don't have homes that gain 150,000 equity in one year.

Utilities such as natural gas and electricity are regulated in the first instance by the states. The oil and gas industry had no shortage of leases for exploration in public lands.

We need massive investment in solar, wind, biomass and nuclear as the Western states experience continuing drought that will affect hydro generation.

Anonymous wrote:

Anonymous wrote:Saw something really interesting yesterday about the gap between Americans’ reality and perception of the economy. Most people are actually doing pretty well, but the psychological impact of rising prices is making people feel like they have less. The truth is, wages are up. People just want more for less, like they always do. I’m paying at the pump, I don’t love it, but the economy really is ok.

You're not a middle class worker with a family and commuting ro work.

I am actually.

But my house has gained over 150k in equity in one year. We refinanced and did some maintenance we had been putting off. We have a little less expendable income than we did during the pandemic, but are finding ways to make up the difference and save. We have definitely been through much worse.