Michael Reid

“Certainly the younger generations look worse off in terms of net wealth,”

Michael Reid · said date not stated · reported 2026-10-16

Reid says younger generations are worse off in terms of net wealth.

“Younger households either have to take on more debt to keep their budget or lifestyle the same, or cut back somewhere. And I don't think older households are having to make that choice yet, in aggregate.”

Michael Reid · said date not stated · reported 2026-10-16

Reid says younger households must take on debt or cut back, while older households generally do not face that choice.

“I think it's fair to say when people are feeling pinched, they look for somebody in leadership to come to them with a solution,”

Michael Reid · said date not stated · reported 2026-10-16

Reid says voters feeling financially pinched look to leadership for solutions.

“I think you'll see some voters turn out and look for whoever is not currently in office as a solution.”

Michael Reid · said date not stated · reported 2026-10-16

Reid predicts some voters will seek out candidates who are not currently in office as a solution.