It’s become a favorite pastime of the Biden era to read each day about how poorly voters say they’re doing and simultaneously how great the news media say everything actually is.
Media: Biden is on a roll! Full employment! Inflation cooling! NATO has rallied!
Normal person: I have no money…
Media: Sure ya do! Wages are up! Record spending! Hot diggity dog!
Normal person: I’d like to buy my first home, but interest rates are too high, and I’d like to trade in my car, but even used ones are too expensive…
Media: Nonsense, my boy! Gas prices are down! And have you seen what the president’s done with NATO?!
Normal person: Maybe a hardship withdrawal from my 401K will hold me over…
Media: Now that’s the spirit!
Every poll and survey shows that shoppers are spending more and getting less. Retirement withdrawals are up. Credit…