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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish ·
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14 days ago

The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%.

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The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%.

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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish ·
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14 days ago
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https://www.bloomberg.com/news/articles/2025-02-28/wealthy-americans-fuel-half-of-us-economy-consumer-spending (https://archive.ph/bdJ04)

  • davel@lemmy.ml
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    14 days ago

    The rich don’t even spend that much of their money. The poor must spend virtually all of it to survive, while the rich make their excess money make even more money.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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      14 days ago

      indeed

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