Our Dirty Little Secret: This is the Trump Economy

If you like high stock prices, downward pressure on wages and big bonuses for the donor class, then you like this economy. The really rich don't feel the current inflation - they drive it. They are outbidding the rest of us for the best stuff. They bid against each other and we lose. The break even point on whether you break even on inflation is the 90th percentile of households. If you are below that level (about $160,000 or so), you are making less in salary gains than prices are going up.  If you want to change that, let the Trump tax cuts expire at the end of next year - or kill them early - and double the minimum wage.  

I am not saying that we need to stick it to the rich - just stop the insurance and capital gains tax regime that taxes portfolios rather than each bet made.

When the bottom falls out of Exchange Traded Funds holding junk debt and crypto - and it will - we want Kamala in charge - not Trump! What he wants to do will inflate the balloon, not fix the economy - and certainly not inflation.