Graph of weekly earnings by percentile, vs prices, 4Q 2019-2023:
https://files.toad.social/media_attachments/files/112/519/219/488/882/861/original/f4fb0d1ef8c72e5a.png
Republicans can no longer lie about the US economy bc it's going gangbusters & Americans are feeling it:
"The US is growing above trend .. wages are growing faster than the rest of the inflation basket, so real disposable income is rising .. alongside this is a MASSIVE wealth effect from the stock market & the housing market .. &, all of this comes on top of healthy HH balance sheets. .. US consumption is more durable than the bears believe."
-Goldman Sachs
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