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Rich people are spending. Everyone else is cutting corners. [View all]
If I was to hazard a scientific wild-assed guess (SWAG), I would say that this is the reason why the rich, wealthy parasites are the most protected class in the country right now. I attribute this to a failure to understand mathematics on the part of their loyal lickspittles in the Cult party. (The percentage of wealthy being fixed and static at all times).
If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank.
The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics. That’s a historic high.
America’s economic growth increasingly relies on the well-paid. They accounted for 49.2% of spending in the second quarter of 2025.
The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics. That’s a historic high.
America’s economic growth increasingly relies on the well-paid. They accounted for 49.2% of spending in the second quarter of 2025.
https://www.usatoday.com/story/money/economy/2025/11/25/us-economy-spending-rich/87453670007/
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