By Stephen Moore:
These days, when you listen to the gloom of the media and many of the presidential candidates, you have to wonder what country these Debbie Downers are talking about.
Former Vice President Joe Biden recently declared, “The middle class is getting crushed. And the working class has no way up.”
Sen. Bernie Sanders stews that President Donald Trump’s policies have brought “handouts for billionaires and hunger for the poor.”
Mayor Pete Buttigieg claims that many working families are struggling so much financially they don’t have enough income to be able to “afford a two-bedroom apartment.”
The Washington Post says that Americans are awash in debt they can’t repay.
Time out for a dose of reality. If things are so bad, how is it that a new poll from CNN — hardly a network friendly to Trump — finds 3 of 4 Americans rate the economy as pretty good or really good.
We have become so rich as a nation that even most poor families can buy dolls and baseball bats and $100 Nike basketball shoes for their kids, as well as cellphones that have more computing power than every computer used to put a man on the moon.
It is nonsense to say the poor and the middle class are worse off than they were 20 or 30 or 50 years ago.
Go to any neighborhood Walmart or Target, and you will see average and even low-income Americans — blacks, whites, Hispanics, Asians, teenagers, mothers with three kids, and seniors — filing out of the store with sometimes two or three shopping carts overflowing with toasters, winter coats, flowers, games, dog food, stuffed animals, potato chips, video games and every conceivable piece of merchandise — all stuffed in the back of the minivan.
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