Doug Sosnik
speaker
360 appearances
2 recordings
1 series
first heard Jun 2026
last heard 2d ago
Doug Sosnik’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
Well, so Mark and I were growing up, there were two God-given rights as an American.
One was that if you worked hard, you could get ahead, no matter what economic background you came from.
And the other was that everyone in America knew that the next generation was going to have it better than the last generation.
So this chart shows, going back to 1940, this chart shows the percentage of people that believe that the next generation is going to have it better than they had it.
And you see in 1940, over 90% of the people believe that.
And you can see a almost complete linear downward trend since then.
And now half the country doesn't believe the next generation is going to have it better.
that three quarters of Americans back in the 1980s believed they could improve their standard of living.
They had hope for the future.
And you can see on the right that that's down now to only 25%.
And again, that's a pretty pronounced negative trend going back to the mid to late 90s.
Not much of one.
And let me tell you why I think this chart is significant.
So if in the past there was a relative correlation between
between how main street fell and wall street fell.
And you can see that there's, there's been a breaking point where the, the, um,
Wall Street sentiment is delinked from the Main Street sentiment.
And that's why it's a challenge that Biden had that he never quite understood.
And it's a challenge Trump has that he doesn't understand, which is essentially the kind of broader traditional macroeconomic data is generally pretty positive.
Wall Street sentiment, as this chart shows you, is quite positive.
Showing 261–280 of 360 · page 14 of 18
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