I get that the economy is measured by GDP and we did see it shrink in Q1. However, it doesn't feel like a good measure due to all the inequality. It feels like stuff like credit card balances, mortgage defaults, and unemployment are better numbers. Those don't look good but haven't skyrocketed either... yet.
Yeah, the middle class has been shrinking for years. I do think some of the absolutist free trade stances we had played a role. I'm probably going to lose my job soon and if feel like I'll just end up working at Walmart. I've never understood how the candidates that say they're pro labor are also the ones pushing for absolutist free trade and environmental restrictions. Some of these are at odds. If you're free trade, you're just shifting those jobs to the cheaper markets. That's also where the environmental and worker protection seem to be weakest.
This is easy to check!
Pretend they are built domestically and give 2x the cost of it to a charity you love the next time you buy an iPhone.
There is some situation in which he is claiming to be happily spending 3x on an iPhone.
He should pretend that situation exists to see if he will actually spend 3x on an iPhone before being so confident that he actually will happily spend 3x on an iPhone in some uncertain future.