That's a good point. There is a trickle down effect eventually and it doesn't happen without their money. Just if push comes to shove, they get the ticket off the island, but that's nothing new.
I think it's worth some perspective. Things are tough right now for sure but think about what causes people to worry right now: housing, healthcare and groceries.
What isn't that big of a deal? Anything tech related.
We've gone from 1 family radio to 2-4 TVs in a home.
We've gone from 1 car if you're rich to 2-3 cars in a family.
More people live alone now which plays a part in higher housing costs.
Most people have a cellphone, many have laptops, tablets, game consoles.
And then there's subscriptions - many families have a prime subscription or a Netflix one.
We have better healthcare with more treatments for various diseases.
Could the benefits of progress have been shared a bit more evenly? Yeah. But I think it's worth some perspective here. Previous generations had their own problems and "simpler" lives. We have a lot of benefits previous generations did not.