Axios: “59% of all consumer spending now comes from the top 20% of income earners in the U.S., a near record high, according to a Moody’s Analytics analysis.”
“Only 41% of consumer spending, meanwhile, comes from the bottom 80% of income earners — a record low.”
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Taegan Goddard
Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
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