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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%. (lemmy.ml)
submitted 4 days ago* (last edited 4 days ago) by [email protected] to c/[email protected]
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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)

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[-] [email protected] 3 points 4 days ago

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

this post was submitted on 20 Jun 2025
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