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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish ·
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13 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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13 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)

  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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    13 days ago

    basically this https://elpidio.org/2018/02/12/citigroups-plutonomy-memo-there-are-rich-consumers-and-there-are-the-rest/

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