I know that your comment implies that the bottom 40%'s income went downwards, but just because variance (inequality) increased doesn't mean that must have happened. It could have also went upwards (income increased), just slower than the top.
Some data would be good here. I don't have any, but if you want to imply that the bottom 40% went downwards, please show some data instead of insinuating it.
Even if people got pay rises they see the headline price of food (if they are poor) going up by in some cases > 50% as well as rents going up dramatically (ironically caused by increasing interest rates) and even if they got a great raise (and are in theory better off) you are not feeling it, hence the result. Gas prices too.
As ever it's a multivariate problem but the biggest part of it is being promised jam tomorrow and even worse being told things are going great when you see evidence they are not. She should have thrown Joe under a bus.
This isn't just a problem in the US the whole West is ungovernable and we will see most governments getting one term assuming that they don't turn into Victor Orban's Hungary.
The data was provided over the past 24 hours or so: the electorate believes they are worse off due to inflation, and that their wages haven't increased to offset it.
Some data would be good here. I don't have any, but if you want to imply that the bottom 40% went downwards, please show some data instead of insinuating it.