81
Today I learned that the top 10% of earners in the US account for almost 50% of consumption
(www.morningbrew.com)
this post was submitted on 22 Oct 2025
81 points (96.6% liked)
Today I learned
11673 readers
17 users here now
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is why so many products seem to be geared towards affluent people. Business are going after less sales with much higher margins.
I've seen the term "plutonomy" (like, an economy for plutocrats) to refer to this. At this point almost all economic activity involves the rich, because the rest of us don't have enough money to amount to much.