If only 20% of the population can afford to go out to eat, obviously that's going to mean most restaurants fail.
If people can't afford cars or vacations or video games, whatever, they won't buy them.
The failure for money to circulate in the Western economy has caused it to stall out and perish.
Right now there is so little money circulation that we basically only have necessities, housing, food, medical care and the rest of the economy is basically dead.
If it's not fixed, the USA's economy will utterly collapse as China realizes it doesn't need anything from the USA, least of all investments of fiat currency that is not redeemable for anything.
Technology means that the economy can't be based on just necessities since there is basically no labor aspect to these things anymore so money only goes one way and without expanding luxury goods there is nothing else to put that money into except property, which makes the problem even worse as people put more of their income into the cost of living from renting.
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