
Ayyyyyy! RIP rich dude
We're cooked. Gotta fight back
It's the only one reporting what he said
The top 10% of earners were responsible for a record 49.2% of total U.S. consumer spending in the second quarter of this year, according to Moody’s Analytics.
But economists warn that relying on a tiny slice of Americans to drive consumer spending could put the U.S. on shaky footing. Consumer spending makes up the lion’s share of the nation’s total economic activity.
“Whether the economy goes into a recession in 2026 hinges almost entirely on the top 20%,” said Navy Federal Credit Union’s Long. “If they do well, the overall economy does well. If they don’t, then we’re looking at a recession.”
In the meantime, she said, everyone else could face growing pressure.
It's funny how this makes it seem like Aldi is a bad thing. I love Aldi! Their potato salad is so good.
I've never used an app for Lemmy just the mobile browser.



