I grabbed the first result, but you can find the same information from whatever source you like - it was big news:

https://finance.yahoo.com/news/top-10-earners-drive-nearly-191500198.html

The top ten percent drive half of all consumer spending. The corporations and the rich no longer see the bottom 90% as a profitable market - they see them as a resource and a liability.

When you realize it's not incidental, but the actual plan, it all makes sense.