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Is the Middle Class Being Destroyed on Purpose?
2 months ago
889
the U.S. economy is increasingly reliant on the spending of wealthy individuals.
Reports from Moody's Analytics show the top 10% of earners now account for nearly half of all consumer spending, a significant increase from previous decades,
The U.S. economy depends on the rich. That could hurt the labor market
https://www.axios.com/2025/08/08/stock-market-us-economy-rich-poor
The U.S. Economy Depends More Than Ever on Rich People
The highest-earning 10% of Americans have increased their spending far beyond inflation. Everyone else hasn’t.
https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571
Richard Werner on the Economic Deception That Will Bankrupt the Nation (and the Unwary)
Peak Prosperity
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