[laidoffamazon]

Real disposable personal incomes are up from 5 years ago. The spike in 2020 was because of a flood of government money and all of the low wage workers being ejected from the workforce.

https://fred.stlouisfed.org/series/DSPIC96

The economy being fine to good is literally the only evidence available. Nobody is acting or voting like the economy is actually bad.

We're seeing revealed preferences in action.

[bequanna]

“Real disposable incomes” <- this is based on an inflation measuring methodology that intentionally under measures inflation