GeneralBearishFortune Crypto · 3h ago7/10
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‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing while the rich keep booking vacations
Heather Long, chief economist for Navy Federal Union, discusses why consumer sentiment has hit a 74-year low, attributing it to wage stagnation for middle and working-class Americans while wealthy individuals maintain discretionary spending. The widening wealth gap and cost-of-living pressures are creating economic anxiety despite some positive macroeconomic indicators.
