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Finance Economist, 6/10/26
"You Can't Pretend The Economy Is Fine Anymore"
"Someone asked you how you were doing this week and you said fine. You lied. Consumer sentiment just hit the lowest level in 46 years of data. 63% of Americans rated the economy as bad. Biden’s former top economist said on the record: “Never try to tell the American people they are better off than they think they are.” Whirlpool reported a “recession-level” decline in demand. The Dallas Fed says the top 20% now drive 57% of all spending while the bottom 80% struggles. There are two American economies. You don’t live in the one they show you on TV. The pretending is over."
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