Again this is averages, tell me what happened to the bottom 40% inflation adjusted?
Some data would be good here. I don't have any, but if you want to imply that the bottom 40% went downwards, please show some data instead of insinuating it.
As ever it's a multivariate problem but the biggest part of it is being promised jam tomorrow and even worse being told things are going great when you see evidence they are not. She should have thrown Joe under a bus.
This isn't just a problem in the US the whole West is ungovernable and we will see most governments getting one term assuming that they don't turn into Victor Orban's Hungary.