re: Could the Republican party's problem be that Americans are getting poorer?

This is a massive fallacy, yes wealth has become more concentrated, and yes the average income of the middle class relative to that of the top 5% or so has been in decline since the 1970s but overall income has steadily risen for decades.

Now, there is a student loan crisis-- simply because college costs too much and literally every job outside of skilled labor requires a Bachelor's at this point which will cause some serious issues when Boomer's start to die off and millennials and Gen Xers can't buy up the housing stock due to crappy credit from bad student loans things will tank a bit .


Its a lot like the "violent crime" fallacy where people believe crime is a major issue but don't realize that actual incidences of violent crime have fallen pretty steadily from the late 80s through today.