People tend to spend money in relativity to what they earn. https://thehill.com/changing-america/resilience/smart-cities/596783-nearly-half-of-americans-making

People tend to spend money in relativity to what they earn. https://thehill.com/changing-america/resilience/smart-cities/596783-nearly-half-of-americans-making-100k-are-living/ https://thehill.com/changing-america/resilience/smart-cities... The same forces that encourage rampant consumerism in people who can't afford it, do it to people who can afford it - and then suddenly discover that they can't.