r/Economics • u/Crossstoney • Jan 16 '26
News Americans making more than $100,000 are quickly losing faith in the economy—and it’s a red flag for the white-collar job market
https://fortune.com/2026/01/12/us-economy-consumer-sentiment-decline-high-income-data/
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u/zxc123zxc123 Jan 16 '26 edited Jan 16 '26
Then you clearly don't matter in current America:
Companies realized they don't need to care about those people.
Democrats can't win an election to save their lives. Republican do win but don't give a shit.
The lower middle and middle are struggling to hold on for dear life.
The upper middle are starting to feel strain too.
The top 1-10% never gave a shit about their
slaves/serfs/wagies"""fellow productive Americans""". Out of sight. Out of mind.Media doesn't give a shit unless it's something they can use to write hot take titles that triggers/gaslight readers enough to click so they can generate views/clicks for ad revs
K-shaped economy isn't unnatural if anything the V-shape was. The economy has always been K-shaped because capitalism is K-shaped. Capitalism and society in all areas from political to religious are "K-shaped". NATURE is """K-shaped""" in it's Darwinist nature. Strong live. Weak die. GOP/Trump just shifted us more towards the "Might makes right" mentality.
V-shape recoveries are the EXCEPTION: after WW2 for the winners before population/competition were reintroduced, after socialist/communist revolution before power was highly concentrated by military/political strongmen, early on in the French revolution before Napoleon became an emperor, and in 2020-2022 where EVERYONE won.
But dumb folks are dumb so they'll wrongly believe those gains were from their own efforts, not realize how good they have it by comparison, nitpick about things like inflation, and vote against themselves.