Now, at 30, Pinkham owns a home in the Seattle area and is planning to build an expensive addition. When he and his wife think about having kids, he said child care costs aren’t a major concern, and if he were to lose his job, he’d have enough savings to get by for years.
But he still has a negative view of the economy, based on what he’s hearing from friends and family.
“There are a lot of people whose incomes don’t go up when the stock market goes up,” said Pinkham, who votes for Democrats. “For me personally, I’m doing fine. But then you look at the macro numbers, and I don’t think it’s in a good place.”
The Trump administration’s regulatory cuts, along with tax breaks for corporations in last year’s tax law, sent stocks to record highs last year. Those heavily invested in technology companies are gaining the most
...Keep reading this article on NBC News.
