Rich Americans' pullback in spending is hurting the economic recovery

[JustAnotherGen]

6. Makes sense

We have a very high income, no kids, one parent to look after.

We canceled trips to New Orleans (mid april) and Scotland (September).
Dry cleaning - haven't needed it since March.
Gas - $58 a week to a month.
I-95 toll- $0
Dinner out - $0
Dinner Parties - $0
New Clothes - $0
Car Maintenance - $0
Broadway, Theater, Concerts, Movies - $0

Before the 301 tariffs hit in September 2018 - we purchased extra phones, duplicate small electronics, New water softener, etc etc

I manage regulatory compliance so I saw it coming.

Our uptick has been *survival* - making sure my mom is stocked up before this gets really really bad in the fall.