"Letting so many of the country’s economic resources accrue to so few people...risks a lot more than just the economy—it eats away at social cohesion in ways that have leaked into other areas of American life & politics."
If the rich folks have all the $, it's the rich folks who go shopping
If the rich folks have all the $, it's the rich folks who go shopping
Reposted from
Amanda Mull
For my latest edition of @bloomberg.com Buying Power, I wrote about the enormous economic and societal risks that come along with this week’s news that the richest 10% of Americans now do fully half of the country’s consumer spending. Gift link: www.bloomberg.com/news/article...
Comments
Get rid of that and there will be blood.