Americans earning six figures are souring on the economy, joining lower earners in near-record pessimism days before the midterms.
Why it matters: Spending by top earners has helped keep the economy growing. Bank of America Institute data shows that spending growth is slowing.
Where they split: Coverage differs on the cause: Business Insider points to prices and strained household budgets, while Asia Times argues inequality and concern for the broader economy matter more.
Center coverage, 9 sources: The center sees a gap between strong headline data and public mood, possibly explained by inequality that standard measures miss.
Left coverage, 9 sources: The left sees rising costs squeezing even six-figure households, creating a bloc of voters frustrated with government economic policy.
What’s next: The midterm elections take place November 3, with economic concerns topping voter priorities.
