This is interesting — there are two economies in the US due to inequality. Top 10% of earners ($250k+) are doing great and spending, accounting for nearly 50% total spending and 1/3 of GDP www.wsj.com/economy/cons... - ThreadSky | a Reddit-style client for Bluesky

joelsuss.ft.com • 7 days ago

This is interesting — there are two economies in the US due to inequality. Top 10% of earners ($250k+) are doing great and spending, accounting for nearly 50% total spending and 1/3 of GDP

https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571?st=HNqPuE&reflink=article_copyURL_share

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