The top 10% of US earners are spending the same total money on discretionary things (ie. excluding mortgages, etc) as those in the bottom 70%.
Let that sink in for a minute.
Within that bottom group there are people who have trouble with surprise expenses exceeding $400 and are skipping meals or buying medicine to keep up with rising costs. Some of them are living in their cars while they hold 2 jobs.
This is a bomb waiting to go off and it will.
The American economy is cratering as the regime spends money on a war of choice while it tries to keep up with interest payments on its crippling debt. Something has to give somewhere.
Tomorrow night Trump will take to the airwaves to moan once again about the 2020 election.
I think it's time to finally put grandpa to bed before he does any more damage.
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