No it's not. Maybe I am off on what you are saying, but are you saying that MAGAts are the ones with deep economic pessimism? If you are then I say you need to hit the streets more. My father-in-law likes to dump their unwanted items on us. I am currently in possession of a 20 year old Suburban that they dropped off on our doorstep(my wife will never say no to her dad). Since they bought it brand new I have the original sticker for it. Fully loaded for its time. 46k sticker. Right now a 24 High Country Burban is 92k, and that's not even 4x4 or 3/4 ton like my old Burban is. Literally doubled in price in 20 years. Incomes haven't doubled in that time frame.
Most of us here are olds. We own our houses, have solid wages, and thus are somewhat disconnected with the poors. However, the younger crowd is really feeling it. I own a house where the going rent rate is double what the mortgage is. Google a decent 2bdroom apt. 2k+ in the Houston area. My daughter is 15, young for my age, but talking to people my age I know who's kids have long since left the nest, they are a couple years out of college and still on the payroll.
https://www.fredechevrolet.com/VehicleDetails/new-2024-Chevrolet-Suburban-2WD_High_Country-HOUSTON-TX/5732796150