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The E-Shaped Economy: Why the Middle Class Is Feeling Broke
Steve Rode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, record this episode from a Tesla in a Sonic parking lot while eating lunch. So yes, this is the kind of high-production financial podcast you have come to expect.
This week, Steve and Damon talk about the “E-shaped economy” and why everything can look fine on the surface while millions of Americans are quietly falling behind. Consumer sentiment is down, wages are barely keeping up, credit card debt is at record highs, and more people are using plastic just to cover groceries, gas, travel, and everyday life…
The skinny
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