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Ep283: SAVE AMERICA’S WORKING CLASS, BUY A HOME
Studies show that the wealth gap between the elites and working class Americans has widened. Inflation is outpacing incomes, household debt is the highest it’s been since 2008, the ratio between savings and credit card debt in the U.S. is at its highest in 15 years, two-thirds of Americans feel their economic prospects have diminished since Biden became president, housing purchases have declined drastically, and American households have lost $2.8T in value. Climate change alarmists, Davos elites, big-tech oligarchs, and “journalists,” have told Millennials the earth is doomed so don’t buy a home, rent. But the truth is the elites are not following their own advice. As a result, inherited wealth is making a comeback while new wealth declines. How does the working class fight back? Save, get out of debt and buy a home outside of urban centers.
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