Quoted from wayout440:Where are all these people coming up with the money? All I see is are help wanted signs from here to Chistmas. Seems like nobody's working. I thought prices on luxury items (pinball etc...) would tumble when then the pandemic hit. I've been wrong then and ever since.
People who have full time office jobs with retirement accounts have been doing very well during COVID. They drive less, spend less on food, and have been going on less vacations all while their investments soared. Look at the S&P 500 since March 20th, 2020. Unfortunately most Americans cannot even afford a $500 windfall let alone have a 401k, and they have been put even further behind by having to carry most of the COVID burden.
Don't listen to posters like Zablon who make jokes about poor people buying iphones. They are clueless.