“People at the top are doing fine, people in the middle and lower income brackets are struggling a bit, to say the least.”
Donald Trump’s allies this week hyped up newly released data showing that the US economy grew by more than 4% in the third quarter of 2025, but economists and journalists who dove into the report’s finer details found some troubling signs.
Ron Insana, a finance reporter and a former hedge fund manager, told MS Now‘s Stephanie Ruhle on Tuesday night that there is a “split economy” in which growth is being driven primarily by spending from the top 20% of income earners, whom he noted accounted for 63% of all spending in the economy.
On the other side, Insana pointed to retail sales data that painted a very different picture for those on the lower end of the income scale. “When you look at lower income individuals, nearly half of them are using ‘buy-now-pay-later’ for their holiday shopping,” he said. “So we have this real split… People at the top are doing fine, people in the middle and lower income brackets are struggling a bit, to say the least.”
I still wish I had prepared to napalm this very photo from a drone. I’m so fucking stupid. Of course they would have all shown up and all been together… FUCK!
All the most self centered evil people in the world and the bigger the radius the better the greater good.
The trickling down will begin any minute now
Exactly as designed
People will tell you they hate the system. But any attempted reform is shot down as “too extreme” and “bad for the economy”
Pretty sure those are different sets of people. Like, mutually exclusive sets.
Unfortunately, we saw during the health care debate that they are not. You regularly had polls showing majority public discontent with the status quo, only to see every reform policy’s approval collapse after sustained negative media and marketing.
Yeah, because rich people are winning, because most of us are not even in the game, we’re on YouTube.
And ABSOLUTELY NO ONE predicted this would be the result of electing the orange Russian cum rag.
It’s a good thing we elected the billionaire party to ensure we didn’t impede on their luxury lifestyle! They almost had to sell a yacht lol could you imagine?
They’re both the billionaire party; one is the KKK billionaire party while the other is the rainbow billionaire party.
Perhaps, but only one has installed 15+ of them directly to oversee government agencies and actively campaigns to give themselves more.
we elected the billionaire party
Hasn’t been anything resembling a free and fair election in this country since at least Bush v Gore.
You’re fooling yourself if you think “we got what we voted for” when Congress has approval ratings in the single digits
