For some time analysts were concerned that this meant Americans were living beyond their means and racking up uncomfortable credit-card debts. But a sizeable revision to income figures last month revealed that the personal savings rate is now about 5%, more than twice as high as in early 2022. The implication is that robust consumer spending is more sustainable than previously thought.

Wait what? Americans save that little amounts of money? And also, is this graph a joke? You’re going to start at 2020? Really?

I got a graph of the misery index (honestly, kind of a stupid statistic) for a much longer period of time

The whole of the Trump period has a misery index way lower than Biden’s.