49
The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%. (lemmygrad.ml)
submitted 1 year ago by to c/us_news@lemmygrad.ml
2 comments fedilink hide all child comments
 

https://www.bloomberg.com/news/articles/2025-02-28/wealthy-americans-fuel-half-of-us-economy-consumer-spending (https://archive.ph/bdJ04)

you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 1 year ago (1 child)

this makes me worry because this could easily be used as justification that we don't "need" the bottom 60% of consumers to keep our consumption based economy functioning. We can just have the rich consume more.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •