This honestly sounds like propaganda trying to convince people this is a thing.
IMO it’s exactly that. They hardly bring up any other external influences on people’s income in the article, just a paragraph or two very deep in the article.
It insinuates really hard that people have the money to spend but just don’t want to spend, a subtle “killing the messenger” of people being lazy and greedy.
This is some straight up Manufacturing Consent shit that’s designed to make you think being poor and working until you fucking die on the assembly line and have to have your corpse dragged into the dogfood machine by the other wage slaves was your idea.
The leaders of capitalism are just “capitalists.” And they don’t read CNBC. This is an article written for middle-class office drones, because it’s one of the few websites that isn’t blocked by the company firewall that has something approximating entertainment on it.
By the leaders of capitalism one could mean the CEOs and/or upper management, the c-suite, etc.
And they don’t read CNBC.
They sure watch it though, as well as the Sunday morning shows.
This is an article written for middle-class office drones, because it’s one of the few websites that isn’t blocked by the company firewall that has something approximating entertainment on it.
They’re usually too busy to watch videos on their web browser at work because they are trying to keep the place from burning down project wise, but sure, it could be for them as well.