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ToastedRavioli@midwest.socialM to Aspen Anti-Billionaire Society@midwest.social · 14 hours ago

The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%.

midwest.social

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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%.

midwest.social

ToastedRavioli@midwest.socialM to Aspen Anti-Billionaire Society@midwest.social · 14 hours ago
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cross-posted from: https://lemmy.ml/post/31968765

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

  • Bademantel@lemmy.world
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    13 hours ago

    Aha, there you have it folks. Those pesky poor people are not only lazy, they also ruin the economy by spending so little!!

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A community dedicated to spreading awareness of the negative impacts of the billionaire class, especially the 250 richest people on the planet

We believe that the existence of the 0.01% comes at a cost to the rest of us, even multi-millionaires, and hope to spread awareness of this problem among the 1% (who have the most resources to affect change)

All discussion and links related to wealth inequality and related activism are welcome. We hope that this community can serve as an easily accessible repository of information about wealth inequality

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