If you tune into the US TV news or social media, you’re likely to see plenty of stories about people struggling. At the same time, the US economy keeps on chugging along and retail sales numbers constantly surprise to the upside and stocks make new highs.
The media isn’t lying to you. People really are struggling but — for better or worse — the bottom 40% just doesn’t really matter
The real reason that the US economy is so strong is that the rich are getting richer